Risk v Reward11 Oct 2024 09:46
I think that, in all of the reaction here, what is being missed is that the “dilution” Potnak is referring to is minimal and shares issued will be in sticky hands. Warrants won’t be exercised until there is decent profit. So must be anticipated.
The risk/reward ratio has strengthened significantly IMO due to the fact that for 11.8m shares we now have 1801 being advanced and a clear indication from Sareum that all is well. So the new value far outweighs the cost of getting there. Throw 737 potential into the mix by end December and 1802 to progress then this market cap is a snip. Don’t sweat the daily sp. I do not believe in pure market forces or mechanics. The sp is subject to Broker control, manipulation, suppression and naked shorting. Keep the market cap and the operational progress in sharp focus. All is good here….In fact, it just got better IMO. Oh! And Parker and the BoD have acted very astutely in the interest of shareholders and not themselves. Surely you can all see that!