Well as I said before in the other thread, $2m shell value,...

Well as I said before in the other thread,

$2m shell value, $1.5m cash and $2.5m r&d rebate. The cash numbers could be a bit more or a bit less.

So $6m = mkt cap equal to 0.719c.

At 0.2c mkt cap only $1.6m
At 0.3c mkt cap only $2.5m
At 0.4c mkt cap only $3.3m

So the 0.2c to 0.4c range seems far far too cheap to me.

Once the dust settles then I think we will see much higher prices.

Today was a shocker with the speccie market. Probably the Dow bounces tonight (or not).

cheers