$1 would indicate a MC of the orderof $250m. With no real near term value creation in the stock,I must say that I find that a little hard to believe as being reasonable D58.
I think we can expect some surges over the next few weeks/months, but initial reserves are still a long way away as are pilots and production (long long way).
I couldnt quite understand the hype and value placed on it earlier in the year that got it to run to the 40s even. Oh well we are here now and the only way is up, but ever so slowly.
Cheers,
SF
COI Price at posting:
39.5¢ Sentiment: ST Buy Disclosure: Not Held