Fair enough @Venge, I for one hope this project gets up (I think you mean PRL rather than GH2). If it does, then in the long run yes 7.5c ($87M) will eventually be considered cheap. I supposed it depends on one's timeframes and yours are clearly far out enough to not have to worry too much in the meantime. For those with shorter timeframes (~1-3 years) then it's probably a different conversation, hence the need (IMO) even at this stage to have some sort of valuation in place... but how to do it remains the difficult part. I'm not a Next Investor fan but to their credit post the SS they did try to cobble some figures together. That's as close as I've seen anywhere though. Cheers
PRL Price at posting:
7.5¢ Sentiment: None Disclosure: Not Held