RE: Market cap £35m29 Nov 2024 22:43
It's really simple, as a very astute poster said recently, it's The Lassonde Curve, we are currently in the Orphan phase (FEASIBILITY time period) awaiting test results and flow design, extraction methods.
Once that's commenced it's the international/strategic investment (development stage), this is when details of Government funding or a potential buyer will appear.
And it will at that point rise and continually rise, as we are past discovery, feasibility is complete and investment and project plans are afoot.
Once operating then that's the end. We will be rich.
Simple.
Now take in mind, we have completely smashed the normal time periods of a typical Lassonde Curve. And I suppose its got the mining community a little of guard. Feasibility stage can be 2 to 4 years so we should appreciate this could take 6 months. It's quite unique.
I'm hoping the progress keeps at that speed. But long term, this is as good as it gets on AIM