Well at 20 cents, gives X64 a market cap $45 million Aud. Roughly 25-30 million Aud in x64 controlled bank accounts. So Enterprise value of $15 million Aud for a risky gold producer in Philippines. MMPRC Still owed $200 million Aud in loan repayment by PMC… But we still own 40% equity in PMC and 80% MMPRC. Are QLD tenements worth nothing? We paid $10-15 million Aud in x64 shares, in that crappy script deal. Maybe we open 30-40c. Gold mining Stock speculation will come in, if we go to $3000usd gold price…. I think the strong gold price saved us. PMC ownership dispute still ongoing in the background… Thanks drillbit
Well at 20 cents, gives X64 a market cap $45 million Aud....
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