Probably right. I did create two new entities directly with Automic specifically for this IPO to make sure I got in with the spread, and just assumed the created SRNs where issued chronologically. Got the email that the IPO had closed so pretty happy. Lets see what I get.
First time in a long long time I have seen an IPO close well before the date. Sign of a good start.
To benchmark a South American project, Mitre Mining (MMC) have a market cap of $45M and a resource of $50Moz Ag.
So talking MC $292Moz AgEq, $25M market cap, $13M Cash, in Nevada, this is grossly underpriced.
Sun Silver IPO, page-11
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