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without hitting any discovery 88E SP gone from .009 to .080...

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PeterJay

674 Posts.

39

17/05/22

15:22

Post #: 61456264
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Originally posted by Guata: ↑

With current SOI of 2.425b shares, at an SPof 1.1c, MC = $26.675m
So, at 2.0c MC will = $48.5m
At 3.0c MC will = $72.75m
Feasible? Maybe; more likely dependent on major holders’ sentiments then.
But, if major hit materialises, at your expectation of 10.0c, MC will = $242.5m
Has anyone else got an opinion that that MC, of $250m+ will then be realistic?

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without hitting any discovery 88E SP gone from .009 to .080 +++within few weeks. Risk vs Reward. I would say that PRM has big potential to hit big.
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