CR or JV or T/O - Imminent?, page-22

A SP diving on no news can be a good opportunity to buy, if you still believe the story.

I, for one, will be accumulating here.

Even if a CR were to happen at these levels, the risk vs reward profile is still very lucrative if you’ve got patience IMO.
Things can change in the blink of an eye with spec stocks, but I see no real major issues at present with the company moving forward.

In terms of SH and investor sentiment though, I think an announcement on funding/JV/partners would need to be made within the next couple of months.
Or at least some sort of meaningful update.
Another CR, without an accompanying and meaningful announcement on progression will hurt the SP (maybe only ST, but who knows).

Deals involving large sums of money don’t happen overnight, but there is also a limit to how long you can push the “we are in talks with ...... etc etc” updates, before investors lose patience.

All you can do is look at the facts on hand, and weigh it against the MC and possible negatives. Things could change, but definitely a buy for me at these levels.... I was also very impressed with the last webinar.


Cheyne