Clearly Aman2 you have no or little experience in investment and value of a company- there are companies and successful companies at that who have much larger issued script in the region of 2 billion shares on issue with "massive market caps so its a reality that companies can have large issued script as they dilute to raise funds
example: PNA have 600 million shares on issue and are currently trading at $3.70 share - they used to have more shares on issue but consolidated the script.
PNA has a market cap of 2.2 billion
Even if we had a billion shares on issue you need to look at the profits or EPS then times that by the industry multiple and calculate the size of the resource and market prices to determine a true value- forget about how many shares and look at the actual potential size of the companies resource and you may change your views.
the Insitu value could be worth billions !!!and the potential life of the mine could be decades and the experts will know the potential size of AVB in coming years- in fact they might even become a copper provence then watch those numbers increase
MMM
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