I have been thinking about what is the value of this company ? If it was a mineral exploration company that has made a discovery, we would end up with a resource vale that would be calculated ( the Jorc ) and after that is established you work up to the DFS and the mine life etc....and you get the prospective value....easy. But what we have is a new BEAST that doesn't have a JORC but can acquire feed stock with high grades of minerals not seen in mining operations, but has potential to fast track cashflow without major debt, and the capacity to increase production in a modular processing that can be duplicated, and set up on industrial sites avoiding a lot of red, green and indigenous tape all over the world. So what is the value of this company?
MTM Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held
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