Dbr yeah I love the business model . Most juniors rely on 1) finding something and then 2) having to take a bad jv deal because they have no leverage or get bought. If we sub contract then dso then it takes that pressure off we can then drill the heck out of EH and munni munni without raises and any jv which comes along will be alot better
So exhausting reading posts about what max does who cares honestly. Who cares if one day it's up alittle or down . Which BS noise . Wish folk would think bigger more macro than day to day crap . Although I do find other companies commenting or liking posts on linkedin/twitter interesting. Very well could be something behind it . Days of social media eh
dickie I agree. The probability a mining SP drops over time at this stage in the process is higher than it going up , therefore its no magically prediction from chris. Why because drilling, getting resulting and mining takes time and with the current backdrop of risk selloffs its not rocket science. But eventually money will flow into PM and in the mean time it gives us time to have even stronger results/projects. Think of it this way we got a little bit of money flowing into PM ~1.5 years ago and the SP went to 3p and we didn't even have any results and inflation was still only like 3% with SP500 making higher highs. I ask anyone here the question what do you think the SP will do next time money flows into PM with our projects much more advanced with inflation at 9% and the SP500 tanking . Id say a lot higher.
@Infiniteamg where we extracting and shipping when the SP for to 3p high?? The answer is no so that's a stupid comment. I also dont get this concept Chris has that one day you can wake up as a company and just start shipping material out before you drill and before you do the legal and environmental paperwork required for a license. I dont think mining investing is for you Chris , you have the wrong timeframe for progress and results I think tech or crypto perhaps more for you.
yes 8p very doable taking the historically ROC % increase and projecting it forward from current level. There is lots of plans id advise you check out the presentation lots of exciting projects and ~30million a year profit in a year on the cards once they mine Hannock. I don't see that kind of project happening here. Lab delays have been a nightmare for all this we agree on. I still take that 1p vs 10p deal even though getting to 1p MCAP wise /growth wise a lot easier.
Picax isn't that the story with every junior under the radar they are under the radar until one day they aren't. And it flips more than a gradual acknowledgment . I defo think you can't drill the highest silver hole and not be noticed by people in the know itsnjust too early and needs followed up. If we strike good copper at Mexico you know capstone will be watching again and the DSO is small but that's because we beside literislly the gaints of mining in BHP and Rio like doesn't get any bigger . But am sure mid tier are looking
RE: Maybe a missed opportunity by Bill18 May 2022 14:50
Bill has mentioned prev in a interview they looking to get rid of Greenland project its not for them/their expertise. Why they took in first place I don't know. Perhaps focused changed etc. But I think staying in OZ a safe bet at moment and going forward.