Current mkt cap @ 12c (fully diluted - inclusive of 1.8b escrowed shares) ~ $215m
Mkt cap @ 20c (fully diluted - inclusive of escrowed shares and 40m SPP shares ) ~ $367m
Mkt cap @50c (fully diluted - assuming no further dilution) ~$919m
Correct me if im wrong on any of these, but Hunterr, if you assume a SP of 50c by year end - fully diluted mkt cap would be in the realm of $900m. Seems unlikely prior to the launch of any of the revenue generating assets.
In time, it is possible. However, i think you can attach a ceiling on the SP leading up to the launching and testing of the Pearls.
It's a long termer, it always has been. 2020-2022 will be the time for this stock.
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