Fly and MAE,,comparison of current and production Valuation Shares OS
Fly has 550 million
MAE has 880 million
Current Share Price and market cap
Fly currently trades at $1,03 with a market cap of $565 million
MAE currently trades at 4.5 cents with a market cap of $38 million
Consolidation of Shares
Fly consolidated 1 for 15 , from 3 cents to current 7 cents per share in preconsolidated price.
MAE will Consolidate 1 for 10. Based on FLY, MAE will also benefit from its planned consolidation
Sugar Daddy
Fly is backed by well known $2 billion market cap Bellevue Gold
MAE has not had a sugar daddy but now have well known Dundee
Current Production Capacity
600,000 tons per year each
Current Potential Production Revenues
At 2.5% copper, Fly can produce 15,000 tons per year of copper valued at $150 million US
At 3 grams per ton , MAE can produce 60,000 ounces per year valued at $160 million US per year
Investor Promotion Index
FLY has an aggressive promotion team , carrying out several road shows , acquiring multiple coverage in the process
MAE , due to working capital constraints, has had no active investor promotion activity
Main product Price cyclisity
Copper is cyclical
Gold is not cyclical
Summary
FLY currently has a market cap 15 times greater than that of MAE.
It has benefited greatly from its share consolidation, removing the penny flipper effect resukting in more
investment quality shareholders and multiple analyst coverage
MAE should soon enter the same consolidation beneficiation of its market cap, with its new sugar daddy at the helm, elevating it from an unknown and ignored penny to a status consistent with that of
FLY.
Ignored and unknown penny stocks with substantial hidden value is the tried and true path to exemplary returns .
MAE is another one of mine.
AIMHO
GLTA