I wish we would get taken out. But I fear the ceo will go it alone He and his close family own 25% or thereabouts. A quick sale to China for 7p would be great for me
RE: Is now the right time to look at the small cap Gold Miners ask @TMSreach23 Jul 2022 19:18
There is a bit of paranoia within some investors here
We have defined assets in a safe jurisdiction. Continued drilling will prove these assets and thereby increase our value. When we had 1m oz gold our sp value was assessed at 82p. We now have 1.5m oz proven. So 130p+? We have nickel and battery metals to add
Bill has stated the company is up for sale. Bill has stated that in months shareholders will get a great result
Monetization is key for us shareholders. We don’t want to drill forever We want a corporate transaction
Bill and the bod have committed to a timeline for a corporate transaction process. End sep sees phase 1 completion. Then we ask for expressions of interest and narrow the field for the next phase
Does that sound like we have no interested suitors? Does that sound like our sp should be this low?
Warrants have been exercised and we have enough cash to fund until Dec 2022. So no imminent raise. We have prim buying 1m shares at 22.5
Looks ok to me
Or we can believe bill’s hobby is drilling and he is stringing this out for his monthly pay check. Ffs he is 83 and a multi millionaire!
Good luck to all but less of this is a binary play or the last chance saloon lol. Our assets are worth well north of 200p a share. Even if it takes time to monetize them they will still be there and likely increase in value
I am going to laugh my socks off though if a couple of posters on here ask you again to move all your families holdings to your name so that you can tr1 your holdings. Just so they can apologize for calling you a liar!!
I have no doubt wasa has been in communication with the ceo. You don’t invest that amount without checking out the company at the top
I am always disappointed when I see confrontational challenges to fellow posters such as prove you aren’t a liar. I thought this bb was better than that
By definition wasa can’t believe himself to be an insider here otherwise he couldn’t continue to buy
For myself an apology from someone suggesting I was a liar would be meaningless as their behaviour makes them irrelevant to me
I agree devil. You produce the dfs assuming you have to pay the costs. If events overtake you (by being slow in this case) then when the project takes advantage of roads (for instance) that others have built in the meantime you get a positive variance on your forecast infrastructure costs which results in a more profitable project measured against the budget
The action group at hurricane energy did very well for pi. It was however led by a big ii crystal amber. You might want to ask on that bb how to fight against bod recommended activities that aren’t in your interests