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Rusty, POG has pox hub and is substantial shareholder in IRC. Now IRC market capitalisation is going to double or reach 1 billion dollar by end of this year if Iron ore prices remain high. POG board can increase POG stake in IRC.
I believe antacids like Rennies and Settlers are primarily made of chalk which in turn is made from the shells of tiny marine life and was formed over 65 million years ago.
I could tell you a story about chalk, which means I am a little wary of chalk as well, but I won't bore you. Never tried eating chalk ( lol )
So you don't like Cheese and you don't like Jam. That only leaves chalk
KRSS, Big difference between CEY AND POG, is CEY have a history of making money, debt free and $331m in cash.
POG has a history over the last 10 years of Jam tomorrow, we need to see a consistent profit, with debt reduction, and share price will reflect this.
I remember posters on here positioning telephone number profits and production, we are a long way from that.
At the moment it is like comparing chalk with cheese. Incidentally I don't like Jam or cheese. But we need POG to start producing "real" profit consistently, the rest then just slots into place. Personally I think we are a long long way from being a 4 Billion company. But in order to do that we have to raise production, raise profits, and reduce debt.
POG and CEY Market Cap remarkably similar given POG’s debt levels and totally different Financials generally.
Cey and POG achieved similar levels of Gold sale price, $1778, that is really good start, these both companies are worth over a £4 billion. If irc benefitted substantially from rubble devastation, then POG should also benefit.
Intrinsic market value of POG is £1, if Gold price stays above $1800 for nex 4 months and crosses $2000 even briefly