Ok ski, I'll run with that - and gallop thereafter!
RE: Peace....Love...and Profit
My 300% prediction was the rise on the day of the announcement if it came at the present level of SP. It would obviously continue to rise from that level to many multiples of current SP.
Did a very simple post a few days ago comparing value of BAO's resource in the ground with current market estimate of company value. As no-one on this board challenged it, I presume all positive investors were nodding in approval. As such, 300% on current SP as we move towards production is a woefully inadequate calculation. Major tells the story of the benign backdrop in Moz - which I have personally experienced - so what is not to like guys?
Would like to take credit but its a copy and paste job. Still good news is good news.
Chaps,- my optimistic mind was wandering down the path of "what sp if the company goes into production and makes good profits for decades" dreamline.The indications seem to be, with low cost production, that the profit levels could be exceptional.Plus there's lots of stuff to dig out.So it may be wild optimism( NOT ramping)but always (try to) look on the bright side of life and shares...
Great find ski. Peace in moz will go along way for a possible takeover/JV deal to go ahead . I think we should be all topping up at this silly price.
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