This could all turn out to be a large cap raise or drag on to something else.
I wonder how all the negative and non holders will feel if things go the way I hope ,and also make sense.
While trying to raise capital the company completes the upgraded JORC and other studies to the point they are ready to build the Bromine plant ,the company announces the completed desk top work currently being done ,and they start to get calls from investors and companies interested in being part of a potentially very profitable Bromine production plant.
The last trade price was 1.8 cents ,but what would the share price be if everything fell into place during a lengthy suspension ? , 2 5 10 cents on open.
A large cap raise sooner than latter ,this could open at 1 cent ,more time to show completed desk top work and studies to investors and companies can also mean a joint venture and a much higher opening share price.
At the end of the day IM not bothered how this turns out ,but IM also not stupid in thinking that its going to end up as worst as many may think ,or not stupid in thinking that its going to be the best case scenario.
I personally think that the suspension may last for many more months ,why ? ,because I think once all the current work has been done ,there will be joint venture partners wanting a piece of the Bromine plant ,and negotiations under the current environment will take time.
Over the past 38 years I have been investing in shares ,I have seen companies after a lengthy suspension who were looking for financing funds ,open at a fraction of there last traded price ,but for some companies things changed over the time they were in suspension and they opened at many times there last traded price.
Bromine to this company is going to be a absolute fortune ,and I believe the profit margins are going to be one of the highest in the world ,this is my opinion and I feel other investors or companies will see the same once all the desk top work has been completed to plant build ready.
So watch this space.
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