My guess is that will then need to be halved as its a 50/50 venture with a guy in Europe.
Still either way it should pay the bills nicely if/when it comes through ;-)
Also in a valuation you need to factor in the $5 million royalty due to INL over the next few years from Bass Metals (BSM).
If you want to do some peer analysis to help work out an alternative valuation look into APG and MHM. Both have significantly higher market caps and both are a little further on in the commercialisation stakes. Both however imo don't have the same depth and breadth to their technology as does INL...
To understand why INL is currently trading at 1.8 cents you really need to spend time understanding the companies history and then put it all in perspective.
My guess is that will then need to be halved as its a 50/50...
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Last
42.5¢ |
Change
0.010(2.41%) |
Mkt cap ! $80.66M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 42.5¢ | 41.0¢ | $18.89K | 45.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8083 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 17202 | 1 |
View Market Depth
| Last trade - 15.58pm 08/07/2024 (20 minute delay) ? |
| SDV (ASX) Chart |