Grid enterprise value back to zero Grid’s enterprise value has now dropped back to near-zero (Market cap $13 mm - $8 mm cash - $4mm CNC shares), despite the fact that they have a $US 4 B Cu/Ni/Pd/Co resource at Makwa/Mayville that is currently undergoing revised PEA, and a growing $B +, lithium resource right next door to Tanko Mines, plus several other prospective Ni/Cu/Li properties. Yet the market considers that all of these mining assets essentially have no value at the moment. Bizarre, isn’t it?
The Mookster