There has been a fair amount of dilution since then but I think you are right. If 3DA can justify a 200mil market cap now I don't see why AML can't justify a market cap of 100-150mil at 30-40 cents. Just need some healthy trading and another couple of announcements to get there.
AL3 Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)