Valuation for an existablished business is accounting/audit issue. At that time SP could be already 50c+.
Trading shares always means we are buying "company's future" following investment valuation method, following the foreseeable projects development plan.
Most of the mining companies, like SIR, suffering significant negative cashflow,they even donot know how much capital/years needed to develop their projects yet, but you can not say because the production not commencing, so this company has no value.
Honestly I cannot well understand you and FaxtorX's investment logics. Seems trying to find negative points to deny your investments on the company you already bought?
your posts are also like from same poster!
Anyway, good luck for your investment on NSP.
MEM Price at posting:
7.7¢ Sentiment: LT Buy Disclosure: Held
