Hi there,
Sure there market cap will be 100M at around 10C
If the options are exercised they will be sitting on
30M cash + there current assets, one would think
there assets would be atleast 10m (plant, tenements etc).
So 100M with 40M assets is not much more than twice
NTA.
+ GTM will have an estimated 20M cashflow.
so still the 100M is not overpriced on cashflow either.
I'm not worried about the short term pullback myself
as theres always profit taking, it's health for the
stock as new shareholders come aboard. I don't think
it will go much lower maybe 8c at the worst, but I think
8.5 may be the bottom. even at 8 GTM has still risen
70% from the 5C over the last month.
Rgds,mode
GTM
greentech minerals ltd - tba
Hi there,Sure there market cap will be 100M at around 10CIf the...
Currently unlisted. Proposed listing date: TBA