You need to price in the future and when it’s got proven world class hits and proven Carbonatite discovery then you need to take that into account and that is where a 13-14 million market cap with around 4 million in cash is why nothing is priced in.
If MTM put those hits and discovery to the market yesterday you would be north of 50 million market cap heading towards a 100 million market cap. The artificial capping from tranche shares all last week were being absorbed for cheap shares and easy profits. It’s still going to continue rerating towards its peers in the same sector north of 100 million dollars. Quarter yesterday evening has left the T2 traders hoping it gives them a refill come Monday
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