An interesting way of looking at the present m/capis to calculate what it's % is - relative to the value of the potential prize/s.
Personally, I use a value of US$2B for the prize (it could be a lot more) and US$10m for the m/cap.
Some would consider me biased but I think most would agree that the market giving Fathom a 0.5% chance of hitting it out of the park (drilling of two highly prospective targets begins shortly) is completely nuts.
Bb