RE:RE:a bit I found todayGregL80,
I truly believe that by end March 2021, 3 plus months, OR before, we can be at $2.00
based on that report. If Royalty gets done now, Offtake by end March 2021 and construction deal $60 Million already locked up and will be announced with the offtake, the story becomes real.
We raised the $462 Million that becomes equity min $1.50 a share. At current Iron Ore prices,
its worth $5 Billion. Let's say $3 Billion discounted. With 300 million shares, a market cap of $600 Million CDN is $2.00. OH I forgot, that $3 Billion is in USD!!! Ok add 27% (exchange)
I think its a fair assessment on the LOW and Conservative side.
Anyones thoughts???!! GLTA