GRX
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1.69% 87.5¢ greenx metals limited

[MEDIA] "After Mostostal announced today that it won PLN 43...

  1. donteatme
    9,335 Posts.
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    02/06/23
    09:30
    Post #: 68093002


    "After Mostostal announced today that it won PLN 43 million, the company's capitalization increased by PLN 25 million (from PLN 210 to 235 million). They won 20% of their opening capitalization. In the case of #PrairieMining, the claim is over 600% of the current capitalization."

    So the cap increased by ~58% of the award.

    If GRX were to follow the same % increase based on award, it would increase by $754M, bringing total MC to approx. $950M which is around $3.50 per share.

    IMO DYOR etc.
    GRX Price at posting: 75.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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