RE: MET120 May 2025 10:44
I agree with everything you say here, this is a very new company so a quick search on any company thats relative in comparison you can see there SP performance over the following years once the real work begins to have a clear guidance of what to expect. Having sites is one thing, licences etc. But Drilling, exploring, mapping and sampling is another. You could have 99 sites, and find nothing in 98 of the., hypothetically of course and I doubt thats the case in Nevada for Gold but it is historical data and will need updating on excavation. I see the 10 to 1 split has really given this a look of a big player in terms of its SP, prior this is trading between 3p and 5p so it's poorly reflected.
I think this has done really well, but volume will decrease, and many buying 40p+ will waver, ones lower will Top slice and the spaces between progress will grow.
Welcome to the wheel of fortune.
But I like it's chances, but I'll hold any investing till future dates and happy to watch posters I like do well here.