RE: Marsfontein Update12 Oct 2023 11:19
Something to think on... the more we (that have delved deeper into BOD) buy, hold, because we see medium to long term success, then... the less float there is. This means that naturally the price should stabilise/rise. We all know that if a company came now and offered 1p for our shares, that the vast majority 90% I assume or more would laugh away such an offer. As we know that this is a share with no debt, moving from explorer (which it is great at) to JV miner (too keep costs down), that if it proceeds well, which it seems to be at MARs, then Thorny River, we will not see a need for BOD to dilute shares / ask for more funds. Then... longer term, we could have 'dividends'...