"perhaps a method - wouldn't be surprised to see him partake in a capital raising... " makes sense Antman they havent got much cash left so perhaps the pre Fermat strategy for punters is to wait for the sp to dip from a discounted raising and take a position then.
Apart from that, MC is $22mil at 3.5cps In this market, thats comparably very expensive given they have no production, potential reserves yet to be determined, and hardly any cash.
Might take a position if it dips to 2.5c. A heavily discounted cap raising might get us there.
EPR Price at posting:
3.6¢ Sentiment: None Disclosure: Not Held
