RE: Crawling up again8 Nov 2017 09:31
It's a massive gamble, even if they buy an asset they still have a cva to pay off and fund the exploration of the asset before they get any money in. Which means more fund raising and more dilution. Yes it may hit 1p yes it is a low mcap yes it is likely to buy some sort of asset. But balance risk with reward I have seen this way too often. GLA