ENV 10.0% 0.9¢ enova mining limited

What is CODA's $MC worth alone ?, page-3

  1. 978 Posts.
    lightbulb Created with Sketch. 205
    ''I’m expecting a market cap of approx 25-30m and then on confirmation of results I would expect a minimum market cap of $50m''


    Thanks niz,

    Why $50M on confirmation of results?
    I don't think your MC estimate is outrageous, however, just trying to ascertain how you got to this figure.
    From a TA perspective, I can see how $50 M MC is possible, but not sure though based on fundamentals.

    Can we make a comparison to VMM or another company at a similar stage to env somehow?
    @mho25, Would you be willing to give a rough MC estimate for ENV?
    You seem to be pretty fair regarding reasonable valuations.

    Just putting it out there, but would 1/3 of VMM's MC upon first results be more reasonable?
    So say $33M once env Coda results confirm historical's?

    Just trying to roughly estimate based on where env is at exploration wise and such.

    P.S. I am an ENV Holder.




    Last edited by watchthisrise: 11/05/24
 
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