Thanks Klue. I think the revenue line on the Morgans report is in line with what I'm anticipating. The cost line for 2023 - 2025 is a little underdone in my opinion at just over a $1M increase each year. Mike Lampron on the webinar flagged the cost base would return to single digit increases i.e. $2M + per year. So if you take the Morgans revenue line and increase the cost base you get $14.5 > 15M FCF in 2025. Once they can prove to the market their version of "jaws" is real and happening the share price will increase substantially. The SP also needs to work through buyers who bought from 66 cents to $1.50 . A number of them will be " I just want my money back as I've had a bad experience ". My average price is 78 cents but I won't be wanting my money back at 78 cents.
M7T Price at posting:
66.5¢ Sentiment: Buy Disclosure: Held
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