all aboard re rate re rate, page-4

Hi jafdip,

Way too much hype? The share price has barely moved and has seen this price in the past couple of months before the deal when there was no deal and it was basically a shell.
Now It's still got a market cap of $2 million so its basically capped at not a lot more than shell value.
If everything you say is true then that's fine but its still going up at this valuation as a result. I would probably agree with you if it were capped at $10mill to $20mill at this stage of the game but at $2mill?
In my view the ticket to entry to this game is negligible with this company. Have a look at every other listed junior in the space and you don't have to do a lot right to be capped at $5mill to $10mill which from here is a great result from anyone getting involved at these prices.
Being at this valuation is what makes it as you say "interesting" and hence the upside but as always DYOR.