RE: Bulls and Bears12 Mar 2024 19:08
@theannoyingdevil, Yes I can see a strong team with a director buy easily doubling the SP from here. I've seen it with others recently.
Current SP is a joke considering UFO is a near-term producer with the resources we have. Over $20M was spent on developing the Munni Munni PGM & Gold project alone, and yet it has zero priced in.
All up for grabs in Tier1 for peanuts.
Can buy UFO TR1 now for just Β£250k.
Rod spent over Β£500k and the most he got to was 2.58% (that included the cheap mates rates ARV shares at 0.35p & 0.30p).
Just need someone else moving up to TR1 level.
But has we de-risk, then bigger money comes in anyway.
@Sinter, some great info there.
I don't know for certain, but Troy never mentioned doing any site visits at all and never took any pics to put on Twitter etc.
This is something basic all CEOs should be doing. Especially when he was only 1.5h cheap flight away. But obviously Troy seemed to prefer to WFH!
Anyways, I'm sure this will change very soon when we get the new team and then mobilise & start construction in about 4-5months.