Its just a reflection of the current market conditions.
Why Buy small Caps when the big end of town looks so cheap?
NIP market cap is under 10mil.
How do you value a JORC resource in this environment?
They will need money or a JV partner to drill it out and go in to production.
Still - it has to be worth more than the current mkt cap.
It seems like one of the best long term plays.
Any thoughts?