Yes, comparing works well. If I didn?t know about Axiom, and someone told me that some company won access to an estimated $30B+ resource and has two other prospective projects, and then they asked me to guess a reasonable market cap, I?d say about $200M. Once production started, I?d say $350-400M. That translates to 22 cents per share then 39 cents per share. But I?m new to this. It?s just my feeling based on my comparison to miners with similar market caps.
All the nickleheads in the world will be interested. JORC is all that?s missing.
AVQ Price at posting:
7.9¢ Sentiment: Buy Disclosure: Not Held