Iceman said:"Given the current state of the resources sector...

Iceman said:

"Given the current state of the resources sector (and that CDU require more capital raising at some stage) I think a market cap of close to $200M is probably on the money. Again the SP for that sort of value is around $1."
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Iceman, what are you using as a comparison, if any, to come up with a potential market cap? I always think of IVA, telative to CDU, although IVA is at a more advanced state- being a producer. IVA has a market cap of $134.4m, and CDU of $362m, which is 2.5X IVA's market cap. Do you mean it will be $200m when it is a producer, or $200m now? (I hold neither IVA nor CDU).