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It's a legend at the moment and the arena is filled with a lot of detectives and not much evidence.
We are hoping it will be listed, but no confirmation has happened. As apparebtly the first rule of listing is not to talk about the listing.
On the positive side srb has great potential anyway.
Must admit I'm starting to bum twitch. Would rather have poor assay results and take a hit and accept it, than slowly watch the SP drop. In 5 days with another 1.8% decrease each day we'll be under 5p. Really gotta hope they come sooner than later. Hoping before the Bank Holiday. GLA
I baught in yesterday and am down 15% in 24 hours. But this doesn't matter. Yes it would be nice to buy at the bottom of a fall but thats impossible to judge and people have lost a lot of money trying to judge it. You must decide if you're going to invest trying to chase a golden carrot everyone says a company is going to sky rocket and fear that you're missing out all the time and only be hapoy with 15-20% gains in 2 weeks (I'd class this as gambling personally) or because of the companies fundamentals and its relation to the bitcoin price.
For me this investment is my safety net against bitcoin taking over the world and ARB is expanding rapidly beyond belief. They're really aiming for #1 spot and who wouldn't want to be on that journey?
Thanks to all for your detailed assumptions and methodical workings. However how do you balance your urge for the SP to sky rocket with news and your thirst for the price to plummet to invest more in. I'm in a constant state of not knowing if I should be happy or sad no matter which way it swings. As the higher it goes the more I feel like I've missed out. But glad I Baught 2 trenches at 5.43 and 5.88. Now hoping it drops just below 6p to put my 3rd and final purchase order in. Its a hard life!
As exciting as lots of pots are. Nothing is saying those pots are empty or full or how much it would cost to mine etc.
I appreciate I may come to the party late compared to you guys and you may be billionaires if it it goes well. But I would hope to invest when at least some confirmed soil samples if not actual drill results have come back confirming the speculation. This is why I'll be looking around the 18th as hopefully you will all be richer by that point and I'll have more confidence in the prospects. 3p today. Maybe 5p prior to the warrents if news is coming...
Thanks for your reply Nimshy. The amount of projects they have ongoing for such a small company is the scariest part with regards to cash flow, but also the most interesting with regards to potential rewards. By executing warrents cash flow continues to stay positive. However this also takes a shine off the SP. This is why I'd like to see the price ~18th Feb to see the affect this has.
Thank you for pointing me towards that rns. More interesting for me is the Kalahari Copper Belt push with results hopefully be end of the month. Hopefully 19th Feb won't be too late to invest ??
Looking at buying into this to compliment my xtr holdings. Can anyone give me an indication on when drilling results will start to come through or when drilling is planned to start at which sites? Being with XTR I've been spoilt for upto date communications.
If no drilling results are expected I may as well.wait till after 18th Feb...
Cheers for your opinions.