Time will tell….the share market from my experience is not a...

Time will tell….the share market from my experience is not a precise science. Possibly inexplicably a basket of companies perceivable with the same potential risks, capital, ect will vary greatly.

Some companies reflect a premium, some a discount to true value. I would argue that corporate structure is a major part of fundamentals, or at the very least affects market sentiment at exploration stage……where the biggest swings are often experienced.

Valuing companies with no earnings or indeed even no JORC compliant resource will invariably vary greatly. Let the trend be your friend.