Current market cap is under $10 million
This guy below sums it up really well. Just based on that one hole FNI should be multiples of current levels. Stock should bounce back up to about 15 cents. My guess is we will perhaps see a financing at that 15 cent level. The stock sold off hard because investors know they have to raise more money otherwise they would have kept drilling those high priority targets next to that great intersection of nickel. Let's give them the time to raise more money and get back in there drilling.
@Goldgeo This will bounce sooner or later. I understand that there will be a little lull in drilling, but it's like the market is completely disregarding that intercept. If 18.1m of 2.49% Ni within a section of 58m grading 1.49% doesn't excite you, then I am not sure what would. This should be trading multiples from here based on that intercept alone. Sitting at under 10M market cap.