$30m- $50m? More like $3m- $5m if we're lucky. These are just tenements remember.
It's clear you are super excited about CXO but perhaps avoid throwing around wild predictions. I think I saw another one about how OZ Minerals should be circling. Quality of posts, not quantity, is what we are after as a forum.
Maybe focus on Lithium and forget Uranium for now? The company clearly is doing that, which is why there was little or no mention of Uranium in the previous quarterly and upcoming quarter.
It's not reliable to base any MC on "well, company A has half as decent prospects as ours and their MC is twice ours so we should be priced at 4 times what we are...etc..." If that was true, then the reverse applies as well, and company A is worth 1/4 of their current MC.
My advice would be to focus on what we know and expect in the short/medium term and forget about wild predictions for SP.
Personally, I am impressed by the direction, activities and transparency of the information provided to date and will trade/hold over next few months. The company appears to be well managed at this time and Lithium related activities seem logical and opportunistic. So far so good...
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