In laymans terms..., page-7

Difficult to see how you come to this valuation.

SP is 0.5c/0.6c and 0.2c/0.3c currently, so this is the cost.

Is this cheap for a company making $1M+ per month to pay down $6M debt with a market cap of say $8M?

I would say there is room to go North a fair bit.

They have Mineral Hill deposit and new/refurbished mine plant in production. They have Sorby Hills project down the track.

DYOR