MPJ
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0.00% 0.0¢ mining projects group limited

I think the best way to look forward for a price is to look at...

  1. neptune61
    1,567 Posts.
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    18/02/16
    23:00
    Post #: 17059421
    I think the best way to look forward for a price is to look at the market cap of PLS at ~300M for ~100m t of LIO2. If we can find 50mt then perhaps a mc of ~150m 0r 16.66 times our present cap and yes it would be a bit diluted by the options. That should give a price at about 8c. That is IF we find 50mt.
    But ...... WE ARE HUNTING IN ELEPHANT COUNTRY.
    GLTAH
    Cheers
    Neptune
    MPJ Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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