My 2cents.
Those were pre covid times when then world thought the market was invincible. With buzzwords like stagflation, crash, evergrande and so on floating around I think companies actually have to earn their market cap more-so than in the past.
Good thing for us is that we very much should be able to justify those prices and then some.
I just say this to explain why (for now, until we get resource update and production commencing) these price levels don't phase me and should be seen as an accumulation period.
2022 for VEN. The spark that lights the fire, page-35
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