RE: Gosh12 Sep 2024 13:21
Bhargav, you’re missing the point of the company going in a totally different direction than before.
Beforehand they’re was no real benefit for the share price being higher, exploration was paid, salaries were covered and the majors didn’t want results publishing for the public to see.
Now, the majors are no longer involved, there’s no money coming from them for exploration or salaries. The information withheld will soon become public knowledge and the board will 100% want to see the share price increase.
New money will come here once drilling begins, I don’t care who you are, once the likes of 150m @ 3G/t from surface(Pepas first hole) and 70.5m @ 3.53g/t (Apta first hole) then we’ll see investors piling in amid the gold rush.
Obviously the news the other was just the beginning, that was bound to attract traders, once the deal is fully completed then it is game on.
Let’s see where the share price is this time next year.
I guarantee it’ll be double figures.
Many happy returns will be seen, especially those who had the audacity to add substantially in the 2s.