With MK gone and the share price smashed (2c) it could well be.
Up and running the project should be worth a few $100 million at least, 150 million shares on issue, huge tax credits, further exploration, Glencore JV. Shareprice ???
Perhaps Glencore DCM Metals will go into a bidding war for rcp. They both have the capital to get it up and running imo.
Biggest problem is short term cash, but that shouldnt be a problem for these guys.
Thinking it should at least go back to pre-consolidation price, ie 10-20c imo. Some people are owed 50c-$1.
buy, buy bye MK
buy of the centuary
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Change
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Mkt cap ! $5.087M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 336337 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 1799706 | 7 |
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