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During this coming week and beyond, PREM will move from being an explorer to a producer, the markets will reassess what the value of PREM should be ; i have no idea other than a lot more than present in my opinion.
ATB
Aspen
I know comparisons are usefull, but each company is a one-off, based on where it is located and how much it has in the ground, then there is the structure of the company. Personally people far more experienced than us, will determine the value of PREM.
ATB
Aspen
At the moment PREM does not make one single penny in profit, however the moment production commences, PREM will become a PROFITABLE TRADING COMPANY, that is where the future lies ; very difficult to put a value other than to say, a lot more than it is now.
ATB
Aspen