RE:Cash vs Market Cap nozzThose numbers for the cash and dores look about right...$0.18-$0.19 per share.
My previous calculations for Peranghi, including pit depths to 50 meters and including all three high grade zones was well over 100,000 ounces.
So, it does seem that we will be able to produce 25,000 ounces for several years at Selinsing, including the period needed to get the floatation plant up and running.
With good promotion and a decent balance ...... we have only the latter at present.....we should get about $4000 -- $5000 per produced ounce which equates to about $0.30 -$0.35 per share for our Selinsing production.
That share price would be significantly higher, should Mentique be another significant source of oxides, extending production further into the future.
So, an uptrend in production and getting the word out, should elevate the share price over the next few quarters if execution meets peer norms.