Current SP and any other thoughts, page-187

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JayWin

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16/08/18

15:38

Post #: 34980463
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Originally posted by Threadbull ↑

All, still nothing material has changed with regards to the fundamentals of this venture. This is the mine development of a product that has value in a market that doesn't really exist yet.

This isn't your get rich quick scheme. This is your spend some spare cash to potentially gain some bags for a holiday. Yeah, there's a plummet. That's because there are sensitivities in the following risk areas that compound on each other:

- Sovereign,
- Capital and Dilution
- Management
- PFS risk (actual technical likelyhood)
- Logistics to buyer
- Lack of buyer and locked in price
- Future market risk.

Yeah it's disappointing, the god news we get is on the same things and the news we need has not arrived.

Though the decision one needs to make is 'timing of the market or time in the market?'. If there is some massive catalyst that is of concern that has ruined this venture; then maybe the time is to jump ship. However, absent that catalyst, is it the time to jump, accumulate or hold?

For me it's hold. Now we have to spend time in the market;and this is someone who has held since 0.09 cents.

Disappointing relative all of our romanticizing, though not too surprising. No real catalyst has been presented to drive SP up or down. It really is where it probably should be. Are you where you should be?

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You put it well. I'm a bit confused though, I thought PFS 2 was the catalyst that should have drove the SP up seeing that everyone said PFS 1 was undercooking our numbers massively (and I can see that it certainly was).

BGS Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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Current SP and any other thoughts, page-187

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