I don't want to constantly rain on your parade, but;
-That 10 million environmental bond is for rehab, you won't ever see any of that back
-Just because the lease was bought for 16 million doesn't mean it's worth that
-Exploration is only worth something if it finds something (though the recent market release has probably earned this years spend back)
-Last quarterly report I saw said they lost 750k, so I wouldn't quite call them cashflow positive just yet.
-The tin project has been stuck in DSF limbo for too long and will still be waiting for many moths more IMHO since as part of their announcement they indicated that part of the funding was to allow the DFS to progress, which indicates that they require a significant amount of cash to finish it off, meaning that there's still a bunch of work to be done.
Potential unrealised means nothing, but it's the potential that's there that generates the interest to invest in the first place, just don't fall into the trap of thinking that the share price should be high because they have a bunch of things that could work out, it's only when they are actually going that we will see the price take off, and until they announce a decent profit for the quarter or actually finalise their DFS and get the funding to build it, all the potential in the world does nothing but increase your potential share price, and that doesn't put money in your account until it's realised.
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