If she could deliver the same sort of numbers, DRO went from 20 cents to $1.50 in 1 year being valued around 1-1.2 billion. It all coincided with both profitiability and larger deals. Those deals also came almost every 3 months or so.
AML could hit $1.50 or higher with a 500mil market cap but there would probably be a raise or two on the way like DRO did. First big rise saw her raise like 40 mill in the span of 6 months.
Who knows its all a gamble in the end and depends on so many variables however, a 500mil market cap in 3-5 years is very conceivable depending on numerous things occuring.
IMO that company announced a 500mil target way too early to generate some hype and FOMO. Personally, I have my sights set on 100-150mil market cap with another raise conservatively, and I think if all goes well, a 250mil market cap is also possible. We don't know nearly enough to say she has a real solid shot of hitting 250-500mil market cap there are still too many unknowns. IMO the only way she rockets to 500mil market cap is huge news and hype like DRO delivered or a dual listing or SPAC deal in the US.
I am however very optimistic about seeing 10-20 cents in the short term without looking back on sub 10 cents. Especially after a day like this, just need a good report and another announcement in the next month.
DYOR, I am a financial fool not a financial adviser.
AL3 Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held
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