RE: Current MCap =Court win, nothing allowed for QBT29 Sep 2023 08:14
Richie "It's difficult to put a valuation on a company that doesn't have any customers or any revenue whatsoever and also not actually mining yet."
i actually agree, but if they strike a deal , they will have customers and will be mining and then the valuation has to reflect that. A lot of valuations also reflect future potential, good will, etc. Valuations are not solely based on revenue. Given what FG is doing right now , ie talking to miners, this has not been built in at all. As for the unicorn share at these prices that's becoming a real possibility now.