RE: Banjo7 Oct 2025 13:19
I've invested in junior start up miners for 20 years now, some time I nailed it, sometimes I've lost it all most in between in terms of performance. I know the risks and I take them willingly.
People always say the same old thing when it doesn't work however, few even make it to production, let alone profitability. The truth is its very difficult to do on limited capex while trying to keep the majority of the asset being obliterated by dilution or a cheap buy out.
As I've said before, this has been a 'fake it till you make it' company, they are now profitable, but will have to swallow some more pain to pay off the gold loan.
She hasn't lied BTW, she's trying to grift her way to glory. Still 50/50 if she pulls it off, but I'm all in for that risk to reward ratio which is right up my street.