valuation discussion thread, page-117

buddy
i think you might be kidding yourself re the $1.
there is no magic pudding about production. You will have production priced into the stock already. If anyone assumed it was not going to happen then they would not even hold the stock. if they never produce the stock will be back to a few cents.
It is only increased earnings, higher nickel prices, better market sentiment or a new discovery that will increase share prices. Production is factored in and AGM will be punished if there are delays or poor performance in producing.
Lets say they are perfect at getting everything going. and everything goes 100% according to plan. what would you say that would add to their share price?
lets say they were now 55c with no takeover? if you believe 100% then you are new to this business.
cheers