RE: Mkt Cap Versus potential9 Sep 2025 14:07
Pandy 2 I feel your pain …. I averaged down as well thinking at 012 or 0.13 it was time to buy (only for a couple more raises to drag us lower still … a considerable amount lower still) but having offloaded a chunk at 8 or 9 I doubled my holding around 0.03 and just above.
I have just over twenty million with the wife having fifteen ISA’d so it doesn’t need to go a long way to recoup.
It was cheap at thirteen last year it’s cheaper still at 4.5 … I think FOR THE FIRST TIME DVER that this is about to deliver.
Reason for me is where the geology lies, being so close to a south west to north east feature, and that another company getting jiggy with the funding, picking up the costs with no contract that we are aware of, just first dibs.
I remember writing on here a few months back that if they uncover a rusty bike and a few old coins and threpney bits it was just about equal to the mkt cap. I don’t think that’s all they’ll find … Christ they’ve had enough time planning to get something right !!!!