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Major factor you are missing here is gold prices... which to me could go up. So in some respect share price range sensitive to gold prices is a fairer way to predict . It could be a lot higher if gold rises, which it may well do given the covid **** show and brexit **** show, and potentially us unrest post election etc
I certainly will say it’s disappointing how long it’s taken to close the deals, but I don’t have any doubt the deals are there based on what I’ve heard. They are just sitting on them and need to close them. I suspect covid pushed them out a lot.
I know many people in insurance including myself have been scrambling around with additional covid workload trying to understand it and make adjustments . The insurance sector has had an additional workload from covid impacts for sure.
Now however conversations with big companies and so on can happen.
I’m hoping in next few months the deals will materialise... if not then I’ll be wondering why like you are now
Sorry mate - just to confirm - I know of the guys running this thing (Actuarial is a small world). The company is real and I understand some deals are part negotiated from what I’ve heard... just takes time to sign off is all. But pick up the phone and call the co if unsure
Hi oiltap
Trying to work out whether to buy here
What’s the general expectation here
Seems a mixed view in the chat forum tbh.
I thought the 10m usd revenue imminent has got to be the overall case, plus room for upside beyond that via copper deposits