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Re: mineanddine post# 46031

Tuesday, 06/29/2021 7:55:24 AM

Tuesday, June 29, 2021 7:55:24 AM

Post# of 48717
I do not believe that Schatzi will have near enough revenues/assets to warrant a market cap of $400M-$800M especially if they go QX, QX companies are valued much closer to big board companies to pink sheets with values of mining related companies being .7x-1x assets.

I would think Schatzi would not have much in assets, $10M being generous, so a value on QX would be closer to $10M with $20M being high for a mining related company