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Don’t really see what oracle bring to the table, all they’ve got is a piece of land and minimal funds. There are plenty of other places where GH could be produced. If the Chinese seriously back this then it will fly. Interesting one for sure.
Thanks guys
Sorry for stupid question guys, but where has the figure of $25m funding come from? What rns or announcement has alluded to that?
Don’t get me wrong I would love it to get in the pennies. Got a few boxes to be ticked yet though. Surely Allenbys valuation is assuming Erce is good, JV occurs and so on??
All this talk of share price in the pennies is a laugh. People have either got their heads in the clouds or utterly ramping it. Allenby say 0.755p, would be happy with that. Think people forget about risk when a share starts moving.
The board seemed confident of their findings and relationship with the island on the webinar. They seemed positive on Dunrobin also. I’m surprised the price is down here after that I must admit. One big Rns and we’re off hopefully.
So realistically the main catalysts for sp rise in the near term are Psc going through and Erce report. Which both shouldn’t be far away. Is that correct? Doubt anyone will buy Baron before those boxes are ticked.
Agreed Lew just sat back but this is a risk off asset like the rest of crypto and other speculative investments. The fed reserve dictate the interest rates which in turn affect the US dollar and bitcoin me price, simple as that. Watch the volatility in the market tomorrow when the us inflation data comes out.