You might want to have another (cheap) shot. Their MC is $8M as of today not $4M, after drilling they will have what? No cash and a small bunch of maybe ok results.....what next for them? Raise another $3M million with 50%+ dilution to existing holders? Another small bunch of drills by Xmas or Easter next year. Rinse and repeat. Thumbs up!
So much for that 25x enterprise value thingy......
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