RE: Share Price18 Feb 2023 10:18
Any share can spike without good reason, that aside I think the big share price will be between the two plants, my only guide is leo lithium and the fact that they are still adding to their lithium total through a drilling program.
The money hitting our account and the first plant going into production will be major events, a goldfield valuation may surprise us, as we have no hint of their value, but if the lithium drilling starts sending messages of multiples of our original tonnage then we could go into orbit. First and second plants will both be in the high lithium price sweet spot.
In addition if Bernard allocated 5m or so per year from the DMS plant to purchasing and cancellation of shares, value will hit from every side.
I don't think some of the high pence share prices some have scoffed at are not achievable.
But what a space to be in, if it all goes wrong after the money is paid, we have a small multi bagger, if everything lines up we have a mega multi bagger.
Once the 100m is in, I see our biggest danger as selling out early and not hanging on another few months or year or two, depending on the stage we are at.
No gold investors are posting on our board, we may get a few after the 100m lands.