no one disputing the greatness of the deposit….the issues lie with poor delivery from continuous delays (besides the cap raise, they nailed that) and poor communication. High cash burn with no intent of slowing is also concerning.
The market discounting management abilities to deliver, ndpr prices and Tanzanian risk (albeit improving).
selling 100% not 50% to Shenghe for $1.5 to $2 and moving on is the best path for everyone.
PEK Price at posting:
20.0¢ Sentiment: Buy Disclosure: Not Held
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