But they do have cash?Are you unable to factor that in?Is this...

But they do have cash?

Are you unable to factor that in?

Is this why you keep calling sub 5c?

Or do you just like posting on every low market cap stock that you can find just to tell everyone it's going to go down? Considering most are doomed to fail given the risk at this end of the market, getting 95% correct by always calling a drop isn't exactly the achievement you think it is.

Plus I highly doubt you make money off any drop. Occasionally catching some of the 5% is where the skill and reward actually is.


Here is a task for you, look up Enterprises value Vs Market cap and maybe you will learn something. Here is a link to help you out. Note that there is a US$7.5m royalty from the gold asset being offloaded, so don't forget to attribute some value to that.

Enterprise Value vs Market Cap


Let us know how you go!