RE: Way under value25 Oct 2024 10:40
You didn't answer my question , forget lottery tickets etc , I don't understand how a j.v can have better odds of finding a discovery then a ipo.
Basic exploration getd completed , then priject goes into a ipo and they continue that exploration at no cost to pow. They don't just start adding random drill holes in other places to enhance the odds.
Of course a j.v pow have more of a say, but that doesn't enhance a discovery find, of course if pow have more say it's also going to be more costly to pow.
How on earth you can come to the conclusion gmet hasn't done anything for pow I find quite staggering , it's a sell away from huge profit , yes the s.p might be lacking , but our holding in gmet is more then our entire market cap alone.
The uranuin is a j.v , and yes we are paying for it, in equity , we owned 100% and now we don't. Someone with your alleged holding I'm amazed that my post needed writing.
Unless of course I'm wrong and I'm jiust bonkers, wait a min!!!!