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Hi Lochranzalad. I remember that day (ggp feb 2020). Think I posted something on the ggp board at that time, about not panicking and selling out. It’s the underlying assets and the potential of the company that matters. If you get caught up in these sudden shifts in price you end up losing money. imo
Huge potential + low price =?
Answers on a postcard please……
Also…..What does the low number of posts on this board tell us?
This is not on the radar……yet.
Please DYOR
But I for one have high hopes……Based on research of course.
Yes indeed, some positive RNS’s. Yet the cold reality of funding is present in my mind. All the plans of RBW are “subject to the Company raising the finance required”. So forgive my ignorance when I ask:
1. How much money can we spend and how far will that push ahead the company’s plan?
2. How soon and from what source will the "finance required" come?
I invested in a company that was planning to build an underground gas storage facility. I didn’t invest in a ship yard, or a ship repair company, because I know nothing about shipping. So, my question is, can anyone give me an educated guess as to the possible fate of our gas project, and what the progress, if any, on the marine licence is???
Cheers
The major factor in this Sh*tstorm is psychology. People are afraid, and fear will make them act in an irrational manner. People always think the worst in the worst of situations. They think what is happing now will continue to happen. Just as in the good times, they could see no end to it. Look at the intrinsic value in companies, of their true value. Look at GGP. Look at Havieron. Look at the possible gold resource there. What is the fundamental intrinsic value. I admit, I almost panic. Then I remembered something. People get overly emotional and act without thinking.
When do we get the yes or no to the ML?