I see tiger where it is and think......
What is the market valuing other such operations. I find FND, currently only producing 3,000 Tonnes of Cathode but
- wanting to build a SXEW -tick
- in an unstable jurisdiction.... Indonesia tick
- producing copper cathode..... tick
- Feasibility to build a 28,000 ton SEXW tick
- Taurus a main shareholder ( and thus probably a funder for the future) tick
Market cap -$84mill
We are sitting below this at about $69 but we have already ramped up to the 28,000. FNP only owns 75% of the project.
All in all I think it shows we are a little under valued on these metrics and 2 the overall market is pricing in the worst for commodity prices.
I see tiger where it is and think...... What is the market...
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