If one could predict how the market will react on a day to day basis then you could give up your day job...
What value should one expect for a Company with no income , no binding offtakes, no finance and not a lot of cash, one could argue that a MC of $72M is unjustified..
When those boxes are ticked and it looks likely they will be, then the Company has some facts, not just hype or hope, to justify a re-rate....this year certainly is a watershed year for TON and binding offtakes should start the ball rolling....
Cheers Whisky
