LKE is a fair benchmark as far as the industry and the resource (being our neighbour). The difference is with the amount of SOI of course which I have no doubt we are going to have to consolidate at some point, many think that's a dirty word but accumulating when cheap helps and if the consolidation is timed right the SP will move at the exact multiple as the consolidation and hold before moving up 10:1 = 10 x SP.....prove resource, price getting it out of the ground and to market BFS, consolidate, confirm financing the project and bam! we're on! After a consolidation we may see a CR which again at the right stage is a good thing, especially if it's available to retail.
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
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