I strongly believe that this estimate of .35 is too low for a...

I strongly believe that this estimate of .35 is too low for a project in billions of $. Yes, the shares on issue are more than a billion $, the PFS, DFS aren’t done etc.. however, a lot of things have been achieved- scoping study, lead agency, permissions.. all these still haven’t actually reflected/ factored on the SP, what I think due to loss selling in June plus the market conditions. Plus the MOU coming up (assuming it’s going through), that’s a massive investment confirmation if it goes through, where Total Eren will be investing and owning 100% of the upstream project (estimated to be about 10-20 Billion$). On the top of it, what ever ration they work out on the downstream with PRL. That’s a massive project on the whole. My assumption is anywhere between $1-1.4$ in the near future….
please do your own research.. it’s not an investment advise but an individual opinion.. what do you guys think?