the question is what are we promoting?
market wants to see cash-flow and a real producer operation!
every new investor or institution will ask:
- thailand high royalty rate „no“
- thailand political circus „no“
- thailand delyas „no“
- thailand metallurgical license only till 2027 „no“
- thailand vs kcn arbitration case „no“
- low grade operation „no“
- high aisc „no“
- low LoM < 9 years „no“
- debt „no“
- no divi no buyback „no“
what are we promoting here a high risk asset … we are not solving the real hot issues! ofc this takes time, ofc some estimates are done… FY 2025 / FY 2026… etc. but some of it could habe happend earlier, every „no“ tunrned into a „yes“ means SP value… we need to see the cash-flow firsr! Rest will be fine !
spent money whise… dont blow it out the window… conferences, drilling NE, or any crazy grwoth thaught… etc. its simply to early … cash flow first…
first the work than the pleasure simple as is!
ramp up soon done !
(20min delay)