RE:RE:Rockstone report I think you failing to consioder alot of thing with this potential "valuation" ... you would need to consider the grade of the lithium , the potential of the site, many dyke not yet full drilled, and the infrastructure the company has which leads to cutting costs. FAT has really good operating cost( Manitoba power being so cheap). Thgere alot to consider when comparing this company to other mining companies with higer marketcap. Also we'd need to consider PP and dilutions for other companies. I see fat hitting 0.25+ seems like its can align its self with Frontier or Rock Tech. 0.30+ depending on results.
wilwal wrote: As always, Rockstone does a lot of legwork for investors. Note the three companies where he reports their market caps and resources. They are getting $3-6million/tonne in market cap. That means that if a 2 million tonne resource comes up in the next 43-101, then the market will give FAT .10-.20 in share price for that tonnage. Should additional drill results get reported which are outside the 43-101, the SP could go over .20. Add to that whatever value the market decides to give to the Winston gold property. At this point, probably not much if no drilling is active.
The Company would be smart to find a JV partner for Winston willing to spend to earn-in. That way they can get Winston rolling without diluting the company.