The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
September, not November. So even if reliance on cash reserves worked in this way your maths would still be wrong
Monty - if people were buying at the levels you were posting research predicting incredible gains and now sell at the levels you’re heeding warnings, I hardly think you can claim to be saving people from financial ruin.
Just read that RNS though. FSP to secure business plan and ****ed without it. People need to understand that majority of FSPs do end without a sale and that this isn’t just wait and get rich...but this particular RNS isn’t a great yardstick for a worst case scenario
It’s a bit of a nothing question - if it influences the selling price it influences the sale. And the dfs in any other mine gives you confidence in what is down there to go digging before you spend any money. Nothing is a certainty or totally accurate, they are within 10-15%