A $100 million market cap is really not too much to ask in this market, fully diluted this is 2.5 times the current $40 million cap. Have a look at how many other companies are on $100 million and don't make a cent and unlikely they ever will!
This would have us on a 20 times cash flow ratio if current quarter was multiplied out - JV sales have not even really started to hit home to our cash flow and bottom line that we know of.
Least all of that means minimal downside despite the recent run, once again those dismissing this as a pump and possible dump should look closer as there is real substance here, and not having a go but analyse it closer as there is possibly still plenty to be made here.
BCC Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
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