valuation, page-5

amb - it's not one where it's simple to work a resource value, becasue it's mostly in projects underway and assets being acquired.
The projects though are top quality.

I'm working on project potential and looking at future market cap possibilities.

T4 is MUCH better at all this than me - but if we say that the projects underway are meritous of a $500 mill market cap if all goes to plan at this stage, then fully diluted we are looking at $1.42 per share.

The Dubai listing when it happens (and I'm sure it's when and not if now!) will increase the stature of our investors, bringing in some pretty impressive names imo....all revolving round the petro dollars and foreign banks.

CVI, or the CVI team have really nurtured some very good relationships with foreign governments and businesses.

I see it as one of the most promising small caps likely to make it big that I've ever come across.
The loyalty options are a sweetener, but as teefer said earlier, they won't bring in the 'Ambulance chasers' to any great extent, as they only a 1 for 5 - meaning a fair outlay. That means true holders are REALLY being rewarded.

To dissect each project and try to put a value on it, I'll pass to teefer - but the $500 mill market cap target seems to be a good way to go for me right now.

Smyth is probably being slightly misquoted with his $6 statement, as all 3 major projects would need to come together positively to get up there.
Let's take one step at a time.....