Not my area of expertise guys but I think a market cap of between 10-11m is fair for now... However, things can change pretty quick once we have more info like desk top studies, drill targets identification or if they have the targets ready (my guess is there would be plenty of targets ready as 3 independent consultants provided reports on this project) and the drilling program...
We also need to remember that there are some high grades of gold and zinc there... and both are very hot plus silver which is very rare at asx... only handful of pure plays with decent size resources... so any decent results means heaps more value IMHO...
Cheers and all the best to us all
WFE Price at posting:
0.5¢ Sentiment: None Disclosure: Held