The company is a 11.5 million market cap. Pomme alone puts this north of 100 million market cap. Moving because Laverton is a bonus and any potential from Laverton will run this a lot harder than people expected and so it’s rerating from now to take that into account. Said it before the share price should never be here with companies:
1. WMG hitting 1 hole nickel discovery 30 million market cap 2. REE hitting 2 hole discovery 70 million market cap 3. WA1 hitting 3 hole discovery 100 million market cap
The list goes on and MTM already 2 hole discovery 11 million market cap simply undervalued and rerating
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