Ann: Redmoor Phase 2 Results, page-74

Not necessarily or else every junior company should have a MCap of $0 until they can become producers.
Higher commodity prices will increase the value of our ore in the ground. Be it either tin, coal or gold, a higher comodity price will increase how much our ground is worth overall.

Everything has a value in the ground, just how much depends on the grade and size of the resource. Looking at both our tin and coking coal project, I believe they are up there with some of the best potential projects in their junior sector.

Also it helps to bring in some extra interest from larger players who may be interested in a JV deal or funding by seeing potential in the project.

Not saying we are worth $1 billion today but our ground is definitely worth something even though it’s still in the ground at the moment