The posters on the G1A threads are largely very positive - and I can see that the reasons supporting their sentiment are apparently quite good. I largely share them, but the continued share price slide, and the slowish (if there is such a word) announcement of finance has made me wonder whether I have read the risk/reward correctly.
I won't bother repeating all of the positives, but wonder what the possible negatives might be at this stage in our development?
Will post a few, and am happy for others to either add to them, or to shoot them down.
* Finance not yet arranged, so there remains at least some financial risk?
* Project Management risk with mine development and associated infrastructure, viewed from:
- Project costs
- Project timeline
* Commodity price and currency rate risk, with associated DFS IRR risks through incorrect assumptions
One poster suggested that the day traders will have lost interest in this stock because the time till return is now at least a couple of years away - not sure that is a risk, but it could explain some of the price slide.
Another poster suggested that this is direct manipulation, to allow an as yet unnamed accumulator to do so - although this should eventually spell good news for the share price.
All thoughts welcome.
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