Current market cap post merger is 100m and will raise be looking to raise 20m plus. What will excite the market is that a major miner wants in on the raise instead of the dogs like Shaw and Partners that buried Blackstone post raise.
I can't see any good news this year and at 100m mc is overvalued.
If Nickel is 20k which it won't be the valuation will be double.
Ann: Update - Blackstone Merger to Acquire Copper Gold Project, page-5
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