A Sunday crucifixion is much worse, as it’s a slow death over 6 days. The Romans didn’t want to offend locals having people hanging around on the sabbath ( Saturday) suffering a slow death, so Jesus was lucky being crucified on Friday.. but I bet he wouldn’t have thought so! :o)
Ridiculous low at the moment. Sprott would have carried out a detailed reward/risk analysis when they bought at 3p, since then it’s been all good news ( yes there was a fund raise, but the price wasn’t too bad at 2.8 ).
I can’t help think this is a typical “ wear them out scare them out move” seen so often on aim.
The asset could very likely turn out to be tier one, mod probably already have enough to start mining and we’re just looking at the tip of a huge iceberg here.
Imo this will spring back, I hope pi don’t make the usual mistake of breathing a sigh of relief when they’ve broken even and selling too early.
Keep the faith!!
Question
If/when mod gets producing, in 2020 having raised 10/20m, what do people think the sp will be, given say a pe of 5?
Anyone doing calculations here?
Phew! Great news today. It doesn’t matter that the market hasn’t fully realised the importance of the shallow, continued npf, those following this closely will, the future looks bright :o)
Remember the shares were snapped up at 2.8p placing. The news keeps coming, slower than expected but all positive. Mod on London market soon.. ya gotta think why would anyone want this sp down?
IMHO the rise is coming for those with patience.
Thinking of RR speach about no such thing as a “hold”. If you’ve done your hw, check it then if confident buy more!!
Nice to know sprott will have done lots of hw checking! ;0)