Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
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The share is backed by a significant asset with a value far above the current market cap, pending licence. If you believe the licence will be issued then the returns from these levels should be significant. If you are unsure about the licence being delivered then sell/don't buy or wait for the licence or ignore.
To prevent this being a binary bet the BOD have promised to deliver a producing asset through a deal. Like AA I will give them till Dec but will be massively disappointed if delivery is not within the next 8 weeks.
To quote 7 years management is somewhat misleading because this Bod have only been in for one year and I agree they have been very quiet in their first year but if anyone can make it happen it will be these guys who all have a outstanding reputation in this field, I am prepared to give them the remainder of this year to come good and to reassess the situation then, what I won't do is to stay around complaining if I am dissatisfied.
Money "accrued" from ukog, hate to break it to you. Instead of a 20% year decline investment in Solo......you should have bought into ukog, no 20% pa decline and far more in return rather than via solo.
So, in the 7 years of management (considerable) expenses going out of the door and no revenue (excl. PI). Where does the money come from to replace those etc and costs of operation? The other "jam tomorrow" mantra, well 7 years listening to it wears a bit thin.
Then I guess that you guys haven't looked at the NAV of the shareprice, there are loads of companys in a far worse situation with a market cap many times more tham Solo.
The new bod cannot have a massive impact on the value of the company as the previous bod has trousered the major value as pension/pay. It is the same when conservatives took over and labour left a note...... "there's no money left". What is left shows how much solo is worth, about 5% of its original estimates.
There has clearly been plenty of opportunities to make money on this share just like any other, in fact I made a killing on the run up to the last drill results when it went above 18p and expect something similar with this next drill + the price now is even less than I paid last time, so extraordinarily cheap entry imho.
Op
Not the first time you've posted similar..........!
"I feel there are very many here who have lost money investing here. The deluded need to accept that."................. :()
All the best (get a grip is to climb......... or :)