A market cap of $14m is not much, that's for sure. Over priced? IMO I think this could be a bit more at the moment. The former LNR, FNT was multiples of this in Market cap just on speculation on the Mt Andewa project. Just look at RDN and see what speculation did for it's market cap with no assets. I have no doubt that if we get an good indication of Li mineralised pegmatites in the area with the drills we will be close to RDN market cap. This potential IMO should have us a little higher.
Ann: Lady Grey Exploration Update, page-62
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