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10:01
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Originally posted by adzconan
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How about we wait for a resource size, more metallurgical work, a PFS, a DFS, a BFS instead of trying to guess how much revenue, what the AISC will be, what the mining rate will be and whether this is successful in becoming a 1 in 100 exploration company that actually becomes a mine.
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I am afraid I couldn't disagree more. The idea with speculation is to analyse and take a position early. Sure there will always be a lot of what if's, however if you wait until everything is proven then the SP will already account for that. Of course the benefit of waiting is that if the project fails you save your money but again this is the spec end of the market so it is all about risk v reward.
(20min delay)