$10-20m market cap company, with $300m projected revenues PA
do you understand how finance works? now tell me , at 30% profit margins, what does that earn QBL per annum given this ''competent and fantastic management's" projection (your words not mine) ?
lets do it together son.... 0.3*300 = ? ....... $30m profit
now, what should a company be worth that provides $30m profit per annum? $10m? $20m? WRONG
at $300m its still has a return of 10%.... wake up son, wake up....
youre worried about maps and diagrams not been provided on time, do you realise who pnina feldman is? have you seen what this lady has achieved.
i spoke to queensland bauxite 20 minutes ago, they believe that the more detailed info they provide next week will have a POSITIVE impact on the market.
guys im done with this ''balagan'' (ask shlomo what that means in hebrew ) have a great weekend and get excited for the open, not nervous...
shabat shalom
QBL Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held