RE: The market hasn’t got it yet23 Aug 2024 18:47
I hope I am right to Andy!
The Fed have just indicated they are going to cut rates - not mentioned when but my money is on September - that should be good for gold and further strengthen the underlying business case and no doubt the determination of our JV partners to do what is required to move the projects forward.
Total disconnect here as the company has said between the value and MC. For those familiar with the Lassonde curve, other explorers have a decade or more of activity from find to extraction - we could be starting as soon as in 6 to 9 months time. We don't have the herd behind us at the moment but when they arrive and understand the near term cashflow I have no doubt that this will multi-bag.
Have a great BH weekend