If my understanding is correct then that vales this project (and it clearly is the best project assuming that Axiom win it) at .56US$. Now the company still has the the other SI project in the bag and again assuming my NPV assumption is correct if we say the other project is worth .40US4 where on earth do people get 5 and 10 baggers from? Plus there will presumably still be more capital raising.
AVQ Price at posting:
25.5¢ Sentiment: Sell Disclosure: Not Held