Just posting this for sh&ts & giggles but the Aussie resource hopeful Extract Resources has a current market cap of $2 billion (yes BILLION)... this is a company with no revenues and a uranium mine that may, or may not, see the light of day in some part of darkest Africa in the next few years.
The market has no problem pricing in Extract's future revenue & profit but seems to have major issues with recognising BTA's pipeline of goodies...
My apologies to any EXT investors... I'm sure its a very good investment...
Just posting this for sh&ts & giggles but the Aussie resource...
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