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Re: ramalio post# 14388

Saturday, 06/03/2023 5:40:12 PM

Saturday, June 03, 2023 5:40:12 PM

Post# of 17507
Yea same. There's a hapazardness to it all, which lets hope, is part of the greater leonite situation context where it seems like playing things close to the vest is the strategy until "boom time?" And then Nils wows us with: New Website, Great Presentation, Marketing, Numbers Upfront, Path To Production, Youtube Interviews with dozens of mining channels, etc.. We should expect that of him, frankly Until then I just go by the fundamentals. Which reminds me, I winced hard when Nils corrected the press release, where we went from 250k inferred and 100k measured at Brazil, to just 100k inferred at Brazil. I had to adjust things alot, and figured out the new multiple to reach the average valuation in this category is 3-4x from here, all things remaining equal, 30-36 cents a share. But hey, I'll take a 3x in this dogsh*t market any day.

*Thats without the uplisting, I'll try to compare the big board names specifically and recalculate it. I'm sure its a higher multiple to reach average.
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