LRS 1.96% 26.0¢ latin resources limited

Hi All, I recall seeing a post with a general rule of thumb for...

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    Hi All,

    I recall seeing a post with a general rule of thumb for market cap versus tonnage. I vaguely recall MC within the range of $80m to $150m per 10 Mt (sc6%) for explorer stage and $150m to $200m per 10 Mt for advanced explorer/ developer with clear pathway to production. Could someone please confirm or point me to the post?

    Thanks in advance.
 
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