At 550 mill for 60% of the project - before funding for both capex AND a greater % of the project? . It won't be much of a ride IMO.
I mean great if you are in at 1.5 - 5 cents or so, every little pip up is a winner and you rightly keep pumping it on HC to get more people onboard, but from 20 cents with likely in excess of 3.5 billion shares needed for production? Nah - far more thrilling rides to be had if you pick a project with lower shares on issue and 100% ownership.
Not to say the company won't eventually be a huge concern, looks like it will eventually. It just won't result in huge gains for the individual retail investor from this level IMO. Should be gains, but not enough to justify the in-country risk and the time factor till production to me.
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