Yes, my post says "POTENTIAL" to 3 bag from 2c (ie. a circa $20m MC at that time) based on the future equipment alone. It had in any case 3-5 bagged from mine and probably others entry , but that is beside the point.
When (or if - to play devil's advocate ) the deal is finalised, the $70m circa assets WILL be placed on the Company's asset list and be attributed to the value - unless you think you can also re-create mathematics and accounting, along with your interesting valuation metrics.
Therefore, my statement is CORRECT, as this will potentially 3 bag when this occurs alone, let alone the rest of the assets, the secured debt instruments and not to mention the gold in-situ . Try harder Mate instead of trolling.
Either choose to invest prior to events transpiring for an increased risk/reward or dont. Simple - you decide - but dont post unsubstantiated and incorrect information and interpretation of factual metrics.
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Yes, my post says "POTENTIAL" to 3 bag from 2c (ie. a circa $20m...
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