Again I agree with you, but the company is only worth what someone else is prepared to pay. Why would you buy a car in country A for more than what it’s currently selling at in country B?
You wouldn’t - I would buy in country B, consider the import and shipping costs to get it to country A and then sell it at a profit. Simplified argument I know, but principle is the same. I just think we are stuck between not listing and messing around on the ASX vs listing and getting better access to the US market. Remembering the Antimony is a sideline, it’s just a byproduct of the gold. So any govt funding secured would be essentially used to advance both projects.
I’m certainly not happy either with the way this IPO is happening, but if we do hold it up, what’s option B look like? We may never list because the ideal situation just never exists. I also don’t agree with just doing nothing, we would tank, plenty of other explorers still raising and pushing ahead…..
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Price($) | Vol. | No. |
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