Ruby Fever, page-50

Thats an impossible question. It would imply that the market is capable of efficiently valuing stocks, which is absolutely furthermost from the truth!

We have spec lithium, cobalt, and gold stocks, that have nothing but drill results, that will need years of feasibility studies, upwards of $500mill dept for capex, and are many years away from making a cent, without knowing what the sales price of their commodity will be then .... all trading with market caps well in excess of MUS's right now.

While MUS has discovered a world class deposit of rubies, a gem that is suffering an acute world shortage and is in great demand that is only increasing! It has only one other company as competition in the world, and is the only listed ruby miner in the world. It will be selling its first rubies in a fortnight....
Low forcast @ ~$60pct = $24million
High forcast @ ~$150pct = $60million
With a second auction of similar ilk set for circa April next year. So will make between $48-$120mill in its first year ... merely from trial-mining!

They do not need to raise copious debt for capex, and therefore dont need years of feasibility studies to placate the banks. They already have a fully funded mine, that they will be able to upgrade to increase production with the auction funds received. They have other rubified leases, and are in line to receive more.

They also have a world-class graphite deposit that is about to receive a jorc.

So how on earth do you put a value MUS?

It is hand-down, the most unique stock on any stock market in the world.