Including escrowed shares there are 382m in total giving the company a MC of 7.4m when they have around 10.8m in cash. At Zero EV the sp should be about 2.8c. I too would be happy to hear some views. I think half the problem is there a lot of stale holders that bought in at an Ipo at multiples of where the sp is now. I think also they lost investors when they started talking about using gas to mine crypto. People were a bit wtf. I do think the area has a lot of potential but maybe they should stick to the strategy, get the environmental approvals and flip it and keep adding to their cash position. It is a low risk stock as can't really see it falling any lower seeing its cash position.
