I'd like to see you rational for a p/e of 25. I'm a holder but that would make us a 1.6billion dollar company which doesn't quite feel right.
I think there is massive upside here, with a p/e of 5-10 we'd have a mcap of 325m - 650, roughly 300-600% return on shares bought today (not including dilution from the capital raise, I just don't have the numbers yet).
Ann: Dolphin Tungsten Mine Development Update, page-26
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