BRB 0.00% 47.5¢ breaker resources nl

Ann: Manna Lithium Deal to Fund Gold Focus at Lake Roe Project, page-180

  1. 1,492 Posts.
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    hi DrDrill

    im in fact a happy holder. And i hold a good portion from a private investors perspective.

    i think patience is the name of the game, it doesnt matter if they drill 30000-300000 more meters. But in my opinion it just needs about 14-18 months for us to get our first Ounces out. I even allow this a little but longer to mature and just let it rest. Look at the history of the share price and i am always ready to pick up more cheap chips during rainy days - but the confirmed gold no one takes away, and given BOD have own skin in the game and probably not buy shares cause they hate money im pretty much confident they doing the right thing.

    also, with manna - u never know how much more is there, what if it is not much ?? What if its a dead cat which we sold for the moment very attractively to fund what the company owners are good at. Perhaps further manna analysis would have made it a less attractive take over object?

    we simply can not tell until gl1 makes it or breaks it. In case they make it we have a free carried 20% interest which might be alone multiple worth of our current MC

    so i just think they go the perhaps slower approach to a monster MC, but they know what is confirmed gold is worth 3bn$ Usd already - and i would also play it safe if i had a significant amount of my life savings invested in such an early story.

    best of luck - lets see where were are 14-18 months from now.

    by then im sure we have at least collected another 10M$ In payments on declaration of the manna resource and if not u want to shake the hands of the BOD even harder for selling a cat in a bag

    no investment advise

    just my personal view
 
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