Further to that at a SP of 9c the MC would be $5.5 million. They have $4 million in the bank. Do you honestly believe the market would value this company at $1.5 million? You cant even buy a house in some areas of Sydney for that, let alone prospective multi-billion dollar lead-zinc and phosphate tenements.
Sure you could be right I don't want to sound rude, but really? I think the weak holders are out by now and the broker presentation doing the rounds next week will bring in new investors.
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