re: Ann: Project Approval and Business Licenc... The pattern seems to be forming: Ann comes out and the sp heads north by about .10 (assuming that the shennanigans have ceased and that a party, perhaps Creat, doesn't want to keep it down on purpose.
What purpose? I had a think about it and if there's a deal cooking somewhere in the back rooms that requires a 30 day sp average to be established, that would explain the stagnation and artificial lows.
Expect a series of anns over coming weeks and months. I am conservative and believe that a sp of around $2 will be achieved as production commences, barring the unforeseen. If the demand for Li surges ahead, as well it might, then the sky is the limit and I don't discount the notion of a multi-national t/o of the whole operation. Limited resource given projected demand, and an operation that has all its ducks lined up like this one has is ripe for the picking imo.
Once GXY goes into production and starts reporting profits, it will be a more expensive company to buy. Other views?
ST
Ann: Project Approval and Business Licence Receiv, page-10
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