Not holding the market cap is still very high for a company pre production which is whats shying people away for better or worse.I suspect the fundamentals are good but how do you predict future income from this puppy?
You wouldnt use present prices but an average of historical prices I would think and how would you determine those as mineral sands have so many differing fractions, and as for costs have they got a grip on them. Very hard to value I feel. So will stay clear
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