RE:Why sell at 0.12 ¢ when you can easily sell at 0.16 ¢Totally disagree. First off, what analysts/brokers recommend selling this at $0.16? I’d like to know. Actually, I’d like to know what analysts even cover it..
SXL currently has an approximate $5 million market cap. To get to a modest (and still undervalued) market cap of $10 million, it would need to be trading at $ 0.20...Like I said, $10 million for those properties (and grades) listed below would be undervalued on a comparitive basis. It could easily be argued Menneval alone is worth that.
Anyway, hopefully a more fair valuation is assigned as more invetors become aware of this company.