Market cap is more like $24.5 mil at 2 cents with 1.225 Billion shares on issue. Most of those shares are locked up though.
If this gets off the ground which looks likely to me then we are talking a market cap in the many hundreds of millions. Lots of upside here over the next 1 to 2 years as milestones are met, new telco partnerships and offtake agreements.
Downside from here is very limited.
Cheers
BUR Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held