It's an arbitrary number representing a MCAP of about $200m. I think that is a valuation that could be reached fairly easily and in some jurisdictions or exchanges is where we would be valued at right now. I usually refrain from hyped predictions so I have refrained from speculating what I think could be the real exit value between $300-600m but that is predicated on many things going right and so far there is only sketchy evidence that they are progressing along this path. The latter kind of number is a big 'if' and would take 3-5 years from now to prove up. MCAP of 100m (5c) is similar to AHZ now or only 75% of OBJ and about the same size as PXS. No particular reason to use these companies as comparisons but they are stocks I watch that hold these values relatively easily so I can't see why PYC couldn't IF they deliver some fairly minor but significant news in the next few months on the path to 10c in 2 year time. I really repeated it because someone (you?) expressed concern/a view that my departure or less frequent posting might mean I was departing from the register. It seemed an odd concern given my preceding opinion so I thought I'd just state it again. No science on my part to the numbers - but yes there are others that think it will be worth significantly more than $USD400m if (a lot of) things go right just like there are many who don't bother with it as an investment.
PYC Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
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