RE: I'll be hanging around6 Jun 2018 21:13
Finally someone with foresight! This is like SOLG a few years ago - undervalued and unloved but a big resource.
That was a 45 bagger from the lows over 18 months.... not bad at all!
This is shaping up to be a very similar play, the asset is there, the cash is there, the experience in getting things sold is there, the bod shareholding is there and the scope for growth is there!
I know this will be a monster, I feel it in my bones. I was practically the only one ramping JOG in the 10p days then it went on to hit 400p at its peak - 40 bagger right there.
People fail to realise that it’s the giant assets that have the massive scope to rise massively.
Sit back, load up if you have the appetite and watch it rise - you will have a massive grin on your face in a years time!
We have planned the exploration for Mankayan and Eureka so the budget is well done - we aren’t producing anything so it’s not like there may be raises for a broken down plant or low grades. This is a comprehensive budget. £4m looks to be a very solid base, primed for a move back up to £20m MCAP at 1.5p with no raises needed. We needed to raise money for Mankayan to ensure the license is kept for the 2 years - otherwise they wouldn’t have returned the license if we had no cash to invest on the ground.