Hi Khaliqs,
I don't need to value the company, the army of experts at CF (who were looking at investing almost a BILLION dollars) has done all that for me when they valued it at $1.70 after examining all the books and contracts.
If fact they would have valued it a lot higher than $1.70 as I presume they would have wanted to make a profit after they bought the company?
And ,like you said, there is always "exploration upside and scarcity" to increase the value even higher.
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