RCR rincon resources limited

Ann: Avalon Drill Program to Commence, page-190

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    https://hotcopper.com.au/data/attachments/6294/6294895-8f1f5f42daa66e40a93f7cbdae6472dc.jpg
    ENR
    before WA1 made their first Niobium discovery ENR already had M/C of ~$40m
    after WA1 made first Nb-REE carbonatite discovery ENR's S/P and M/C started to move up too
    until WA1 announced the discovery of second Nb-REE carbonatite ENR M/C reached $88m then slowly drop back to where it started $40m M/C
    so considering where RCR's M/C was pre-Avalon, $20-30m M/C valuation has already extra $15-25m M/C on top of what it worth before.
    now look at ENR, they did drop back to $40m M/C, so should RCR back to sub-$10m M/C too?
 
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