RE: Cxxk on the block time28 Dec 2021 12:27
I honestly believe anything could happen with this company but the big rises won’t this year. I see Han**** expanding to 20mt, EH reopening and providing strong drill results, we could see anything from 0.5 to 5/6p depending on where sentiment and global macro economic factors. I’m looking for similar runs to Fenix and Greatland but it’ll depend if they define it and can get to it cost effectively. If results continue on a positive upward trend and we do have over £B worth of materials we can extract, then why wouldn’t you be invested here for 5-10 years. If Bill nails it, we could be looking at 20/30/40p in that broader timeline. What does concern me as I learn more about the exploration model is the idea that resources are proved up and then sold or JV’d to unlock the value. I’ve just watched Bacanora Lithium get out manoeuvred but the Chinese and it’s left the shareholders high and dry. If there’s value there, I’d like to see us put our arms around it not sell it to someone so BBG and the board can get a payout. If I wait here 3-5 years and that happens I’ll be *****d. With the announcements/deals we should be making over the next twelve months I’ll be very surprised if we don’t touch 2,3,5p at times. Every success in that respect though should be seen as further reason not to sell. I’m still here because I think this could turn out to be a monster.