RE: Next big buy and blue, mms really bidding now18 Feb 2026 10:36
In suggesting averaging down, better to 'be brave when others are fearful' to reduce your break-even point. Above that break-even point it can pay to de-risk by creaming a litle off the top ready to recycle on the next dip. It works for me (it might not work for you!)
The resource IS proven and they had good results but they see an opportunity for further testing to fully exploit their find.
They also speak of formal discussions for farmout, implying thay already have had informal discussions with interested 3rd parties. They wouldn't be doing this without the data to support this.
All IMHO so DYOR and GL