I'm no expert but I think the market cap reflects what I think...

I'm no expert but I think the market cap reflects what I think would be money in the bank at this stage ... my opinion... that's not valuing the business nor its assets . grr produces high grade pellets , which are in high demand and , I think , the demand will grow hence the price will too .
My opinion is that a realistic share price should be upwards of 0.25 and if they can get Southdown going , which I think they will in time , the share price could be anything
Am happy to hold this as the product is good , unlike some of the low grade ore in WA , it pays a dividend
and has , I think , a great outlook for high capital appreciation ... just my thoughts duveike
Most of the guys posting here have much more knowledge and understanding of GRR than I do so I hope they respond to you as well ... enjoy the ride duveike