No one can predict the price of metals of a year left alone 9 years. Look at all the casualties lately caused my miscalculation and predictions, PLA, MBN, IVA, DML , LYC etc...faling commodity prices (uranium,phosphate,copper,zinc,REE etc) and cost overruns have been the doom of many stocks and assocaited share prices.
What will drive the price next is how they will raise the money for development (debt / equity and terms). These fundamental factors will impact loan requirements as well as how significant future share dilution will be. Even raising $40 million at 8c will be another 500 million shares (you might be a free oprion). This will drive future share price performance short term.
DYOR / IMO
Add to My Watchlist
What is My Watchlist?