The question I have from a shorter term perspective is, what would be considered fair value for marketcap at this stage for ESI? They have 526mill shares and 379mill oppies, so fully diluted at 9c a share they are sitting at a marketcap of approximately $81mill. Considering there is still alot of feasibility work and maybe 3 years before any production whatsoever (assuming it does go into production) is $81mill fair and reasonable value or is it too high or low?
predictions, page-35
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Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $7 | 2.454K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 18738002 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12408157 | 22 |
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