PRW 0.00% 0.1¢ proto resources & investments ltd

critical discussion, page-2

  1. 32 Posts.
    Hi Yin78,

    I have seen the share price of proto since its birth on ASX reaching upto 80 cents. Since proto has been an explorer to date, the share price has always reflected this due to its risk profile. Granting of mining permits, positive DFS and the proximity to commencement of production are indicators which then will help the share price to go up when compared to its nickel producing peer companies.

    It is a matter of time before the market does pull up to the price but one thing with investing with such types of stocks I have experienced is that a 2-3 year wait is standard to see significant returns. in this case, you would expect to see significant returns in the next 3-12 months as it reaches producer status.
 
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