Its not a shadow mate. You are choosing to interpret a negative potentially because it may or may not fit your expectations that's all. What I was illustrating is that perhaps at the moment Moblan has priced itself out of the Market because of ownership structure and what other BIG players are either grappling with or prepared to shell out themselves. ie Albemarle who is ONLY spending C$109 million for 9 months until a DFS is prepared on Corvette. RIO has already committed some $65 million with Azimut Exploration Inc.
So I feel as though one must weigh up the likelihood that RIO would want or be content in taking only 5% of Moblan for a similar approximate C$109 million equivalent....... , as against would it be likely that they would go out and $800 million for I.Q's 40% when it still doesn't have its own completed DFS in place. So you have to get ALL these views out for discussion and can't just hide your head in the sand. You must search for the reasons why the SP and value has stagnated and even gone backwards.
So all you can say as an Investor is you have to take stock of these things , settle back and be BOTH patient and realistic. Nothing negative in that mate. You can have your own opinions , but I would think it is highly unlikely that RIO is going to pay up BIG dollars next week or anything like that.
And all I was suggesting is that it helps when you have other investment interests which can keep you busy and excited the markets.
I am also not phased because I am confident that Sayona will embark upon other potential exiting things potentially while we wait. I'm happy to hold my current position here. Perhaps even buy more like I did just this past week.
Good luck to you mate with your investments. You are on at least a couple of good plays as far as I know and you should ' Stick ' with your convictions .
That's what I do , and so I don't need HC to ratify , endorse or give me approval or comfort in any way about the decisions I take on my investments. I don't even need to discuss them really as you probably already are aware. I do this posting and contribution side of things for the pure enjoyment as I said earlier and attempting to help people understand as well as the main aspect in getting my calls correct.....which i guess in turn can help others if they have the same convictions and patience to take those steps. Its not a set up or stitch up mate , but I can't hold peoples hands either.
I know you called me out a couple of times with some questions re the other stock , and I do apologize for not responding. But I feel I don't need to discuss that one right now and am happy for others to high-jack the narrative and sentiments right now. It is an interesting thing to do sometimes. Just sit back and see what others appear to be trying to do.
There was a couple of interesting posts there just last night when I was sitting in my car waiting to pick up my daughter from work. Part of me wanted to weigh in because I have some further additional and very interesting information on what was posted. But for reasons I am not prepared to say right now , I restrained myself from responding. And so you have to do that sometimes....just restrain yourself from contributing. Especially if it upsets you.
And I'm sorry if my posts have caused you any angst because that was definitely not my intentions. Just relax mate and enjoy the fact that we are making money and spinning cash now. Will be very interesting how we potentially put those dollars to work elsewhere.
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Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $349.9M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.3¢ | $739.5K | 22.19M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 10111792 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 4951690 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 9547649 | 0.033 |
74 | 17259540 | 0.032 |
47 | 10652760 | 0.031 |
72 | 14141013 | 0.030 |
23 | 7776317 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 4685190 | 14 |
0.035 | 5634519 | 11 |
0.036 | 7895325 | 23 |
0.037 | 21053158 | 55 |
0.038 | 21640390 | 37 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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