Ann: Company Presentation, page-34

down rampers / people with an agenda always say...
"I'm not down ramping.... but"

Sure, there's a bucket load of shares in play and there will be another 2 billion by November. that's not going to be a problem as long as the resource matches the expectations. The obvious bonus is the $6 M from the Nov oppies which will reduce the need for CR

As far as market cap goes 7 billion @ 2 cents $140 M MC

that's the play.

IXR gets mentioned often enough to join the dots, IXR expected MC in 4 years when production starts is an estimated $500 M

That's an equivalent SP of 7 c of MRD get that far. we are a good 18 months behind IXR.

these are just my personal "back of envelope" calcs and are rough as hell.