RE: Fair market value = £500MILLION once in steady production.6 Jun 2024 13:30
Acker, did you sell the other day looking to buy back cheaper? Did you misjudge your trading this time? Always seems negative at some point and again positive when you have bought back. Not too late to buy back in my opinion but DYOR.
Market cap is still well undervalued and should be over £50m (very conservative) so debt to Canmax is included.
Now the market can be crazy as we all know and if something is announced on the Mutare side, the market cap will be well over £50m. With all these buys for the last 3 days, it remind me of the beginning before the announcement of the EPO but we will see.