Yes in long term I believe in at least 5x return but in short term the market's sentiment has been quite negative and we are lacking buying interest even below 20c. We might need something really big for current sentiment to change. Its unvelievable that 85% ownership did not move SP. I wonder what they next big news could be:
- A few other 100g/m infill holes? (Look at how ridiculous LCL and LEX are recently)
- New 100g/m extentional holes?
- Regional exploration? Surface mapping + scan.
- Positive met work? (Should be very soon)
- Should we expect any initial scoping study soon?
FM3
firstmac mortgage funding trust no. 4 series 1-2020
Ann: General Security Agreement, page-646
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