RE: Hedgehog 100 bizarrely says20 May 2021 00:36
Hi Zumore,
I beg to disagree with your assumption that Corcel will not deliver in future as their past is reflect bad decisions, however I think that is not strictly true, yes I agree that regency mines were not on top of their game in the past but I think that is due to multiple factors (I.e. recession, global demand/supply and other political landscape impacts). If you are looking for short term gain then IMO this investment is not for you, I strongly believe this company will deliver substantial gains in medium to long term (i.e. six months to 2year +). The projects in their portfolio are strategically the right choices to build up for long term sustainable business.
I personally think they strategy to utilise FGS as a stepping stone is an excellent choice considering the energy transition landscape gradual changes, at present most of the governments and industries are coming to terms with a sudden shift and focus on renewables after COVID.
Battery metals are warming up and we will see the gears will shift to accelerated mode in next two years, all predictions on Nickel/cobalt and vanadium demand are looking very positive.
I think these rumours cannot dent the good work in the background. The type projects in pipeline needs development time and considering inflationary and other fiscal pressures we might see minor delays but I suspect not to a degree which you are presumably referring too. We as shareholders need to show some patience, there is value in this investment but you need to pay the price of time. Wish you best of luck.
DYoR.