ODE 0.00% 0.3¢ odessa minerals limited

Ann: Quarterly Company Update, page-20

  1. 7,580 Posts.
    lightbulb Created with Sketch. 2098
    Hi Session

    I see it much the same way. @$50M MC FGO is priced as a speculative stock ... fair enough. A couple more MRR's and [some of] the potential will be priced in... easy to imagine a MC $150+. Once customers have been with FGO for a while unlikely they will go through the process of trialing alternatives... so will be very sticky. The prospect for exponential growth is very real.

    In the spirit of this thread [which is about exuberant speculation].... a long queue of potential customers [and growing]... a Co run by people who have all been previously successful [all of whom have skin in the game]... a hot item for sale... independent confirmation of the quality of the product [EXL tie in]... a happy first customer and multiple prospects doing DD... the Co has no debt and $11m+ in the bank to finance itself... is there anything more one could ask for??

    In the scheme of things I am only a very, very small player in the ASX.... but I can see a life changing opportunity here. Over recent weeks I have gradually sold other positions and put my money into FGO. Sold out of DEG [which I predict is at least a 5 bagger], didn't buy AIS @ 15 cents a couple of weeks ago [which today hit 30 cents], have been watching WZR and humming and aahhhing [moved from 2 cents to 5 in the last few days], have been very tempted to buy RFX... would have been nice to pick up a few $'s.... instead I am buying FGO... because... it's still very cheap and personally I reckon we are about to see something special unfold.

    So... for those who have a Commsec account... you will be familiar with this little chart they have.

    screenshot-www2.commsec.com.au-2018-07-27-12-26-23.png
 
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