RE- $100bn Resource...17 Feb 2025 11:35
Silverlight, the stage we are at now reminds me of GGP before it became the best stock of the year, and then some. I was heavily invested there and waited an awful long time (3 years) with the sp not moving and then it made an awful lot of ordinary Joe's millionaires practically overnight.
But it is important for people to realise that the catalyst at GGP was not, believe it or not, the shed load of gold they had found it was the farm-in with the Tier1 Company who had the money to get the gold out of the ground.
Once the 1st tranche of money from the Tier1 was paid to GGP it was game on and the sp went from 0.5p to 38p in a matter of days. A multiple of x76.
I genuinely believe we are close to that scenario and news of farm-ins with Aussie O&G producers to off-take at the well-head will be as big a catalyst to the sp as the actual discovery of recoverable Helium, Hydrogen & Nat Gas.
Therefore I believe we will have several big sp movements in a relatively short period of time.
Proven discovery is great but nothing reassures the market more than a deal with a Tier1 underpinning the 'safety' that comes with that kind of financial muscle.
atb mate.