RE: CMET Interview CRUX Investor2 May 2024 06:48
While it was a good interview I think Greg was softening the investors up for nothing to be announced for a couple of weeks. I'd love to be proved wrong but anything before the 15th is a bonus, but it does sound as if he has it in hand.
The disappointment from the interview is the timescales, production in Q1 of 2026, so almost 2 years from now was longer than I was hoping for.
I'm sure we are going to see ups and downs in the SP until then, surges at JV announcement/licence confirmation/resource increase followed by the herd arriving and regular sell offs after.
However, if we are all chasing the 10 bagger from these levels, it looks like we are going to have to sit tight for a couple of years and hope nothing material changes in Sri Lanka politically and we can carry on as planned.
Still huge credit to Greg though for all the work he has done to get us to this stage. More patience required though to see this through.
GLA.