Bearing Lithium Corp V.BRZ

RE:Market cap should be 100M or more??

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CscottRun wrote: Correct me if im wrong as im an amature at this but if they are planning on producing 20,000 tonnes a year at an average earning of 7,000 a tonne thats 140,000,000 a year and 17.7% of that is 25,000,000 per year should that not put the market cap somewhere in the 100,000,000M plus range?

They need to build a hugely expensive production facility in order to produce that lithium.  That expense will probably be financed by a share offering with significant dilution.   

I think there is upside, but you cannot do the calculation you are doing without accounting for the future capital requirements and implied dilution.