Future Value18 Sep 2020 10:23
So firstly hi as I am new on these boards.
Last night I was feeling a bit frustrated with the fall in the share price here and seemingly how long its taking for this to get noticed. It got me thinking about how close this is to actually starting to make money, seemingly within a few months they could be scooping up minerals and shipping them off to customers in exchange for $.
This really does put the company in a different category from so many of the other miners on AIM, even those who are valued so much higher. If you look at the likes of GGP and EUA where the share price is in a totally different league and some shareholders have made fortunes the companies themselves are not making any money yet.
Yes I know that there is massive potential and they have JV deals that will lead to big revenues so I am not expecting SRES to hit those heights but surely once the company actually starts generating revenue that will make them attractive to investors to at least see a good rise in the SP?
Who knows, maybe I am way off here and people with more knowledge will tell me about the many other mining companies making good revenues and their SP is still below 1p but it just feels to me that being able to start generating a very good and steady revenue from industrial minerals, and soon, will really help SRES to explore its even higher revenue generating opps and the market will respond to that potential?