Apologies, it's basic math and you're correct. I got fooled by looking at the numbers online where it's always showing a Mkt cap of around $8M. Looks like there are some shares not being counted for some reason.
Agree the Mkt cap has skyrocketed from the 4M we were sitting at to the upcoming $29M once acquisition is over, def not cheap.
Surprised also by the big change in scope as we were focussed on Ethiopian Gold (the company name itself "Megado Gold"). I have no clue on what to expect from the SP and what could be our potential right now... Hope they don't drop the focus on Ethiopia
MEG Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held
