I like the numbers you’re all throwing around. By rights STA’s market cap will eventually be many multiples of its present level. However there will certainly be dilution so the share price gain will be different.
The price appreciation will come down to the types of deals Luke Graham can achieve. He’s positioning the projects as well as a minnow could hope for to have some bargaining power. In Tanzania Fungoni will dilute minimally and then fund further development, the mobile plant strategy will take further pressure off future funding there. So it’s primarily about what we need to give to get Coburn up. Any thoughts on what pathway you’d like to see?
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