In my humble opinion, and not to compare apples with rotten apples, I used the dreaded term Bre-X as an example of share price and valuation. At it's peak, Bre-X was capitalized at 5 Billion with estimates of 70 to 200 million ounces in the ground. Gold at that time was around $500 an ounce.

Therefore, I think we could use a possible market capitalization of 10 Billion for SLI with in a year and maybe 125 million shares outstanding would give us $80 a share... To me, this is not an unreasonable assumption.

Kherson