Doing the same maths and using the same parameters as I use on...

Doing the same maths and using the same parameters as I use on all my small cap miners and applying ~ 850 (& options)   million shares after conversion my conclusion is a sp of  16c/ share on the increased number. There's a double whammy coming with the revenue increase and the paydown of debt in the next year that should see my next valuation at between 35c-40c.  I've not taken into consideration the NT blue sky. My accountant says my evaluation method is 150% wrong but my consistent profits have had him shaking his head for the last 20 years or so. It'll  be a long time before another AJQ appears on the horizon.