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10 cent party, page-17

  1. 3,068 Posts.
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    Trying to pick arbitrary share price number is pointless. You need to think in terms of Market cap and relationship to other juniors. At ten cents we would be a $330m MC, at the moment that’s unlikely to happen (except for a spike on good news). We need drill results and an indicative JORC to justify $330m. Unless we hit a big find, it’ll be a slow process to increase SP and every CR they do will bring down the cents/ share that equates to $330m MC


    Be realistic and you won’t be disappointed 

 
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