Need to be careful with the market cap calculations at these early stages, I've seen people going off commsec (which is often wrong) or not including the shares being issued to acquire projects. At $0.50 I calculate the fully diluted market cap around $30 mill (happy to be corrected ).
There are a few other small explorers around with similar market caps in very close proximity. To take your pick on which one will succeed will come down to how you pick I guess.
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