"When you said even if there's a 2-3 year delay to production from here, the market cap wouldn't go much lower from here"
When did I say that?
I did say the mc is already too low at $50mill relative to a $300mill after tax NPV and hreavily oversold and I'll stick to that. I don't recall saying it can't go lower. The stock is very illiquid and can be very volatile even from here but that doesn't mean it's not undervalued.
Ann: Results of General Meeting, page-84
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