Lol. In response to T2,
The market has valued their resource, after $7 million of expenditure, at $1.5 million. They have $3.5 million in the bank for enterprise value is $1.5 million. The largest high grade clay RE project (and that’s only 5% of the tenement area) in Australia is valued by the market at $1.5 million. OD6’s only peer, MEI, has a market cap of over $400 million. Go figure. So I suppose that suggests an 80 bagger potential?As I say “Go figure”!!!!!
Ann: High Metallurgical Recoveries Continue at Splinter Rock, page-18
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