RE: SP this year24 Jan 2021 11:40
Really appreciate all the posts this weekend.
The sp will rise slowly as resources are found and moved to JORC. Thankfully this part has kicked off rather well. I then urge everyone to bear in mind the risks Trek has raised. The ultimate value realised will depend on the quality of the deals management do either for funding to take into production or for operational farm ins based on the amount of dilution and the percentage COBR retains.
Finding an IOCG will be the ultimate test. A major isn't going to say, "Well done. Here's billions of $s." It will take costly proving up and careful deal making to get full value out. It's encourgaing that we're taking them on later after having proven up some of the other resource, matured a bit as a company and hopefully strengthened the management team.
Keep up the good posting everyone!