i'm not following you. what specific facts get to you $2.18? if my target is 1:1 whatever NAK's closing price is, on any given day, i can discount it 100% based on having zero pebbles drilled, or i might give it half a pebble's worth if a JV is struck, or perhaps a lot more if the JV is lucrative.
when ONE pebble is drilled i might divide NAK's price by 6 or 7 to come up with a fair market value, but that assumes no other targets will have value, which isn't very realistic. i'd guess by the time one pebble is defined ZTEM will have a good reputation for us, and the share price will be worth at least two pebbles, which is $13.35 divided by 6.5, and then multiplied by 2... or $4.10 per share.
i just want to quantify my numbers in some way. there are no facts yet, as i see it, to attach numbers to, other than pebbles, and their probability of discovery, plus whatever speculative value you want to give the uranium claims and other projects in AZ.
we're basically saying the same things, but i want to fully dilute our OS.
gnite!
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