G1A 0.00% 5.9¢ galena mining limited

My two cents worth, (not that two cents is actually much these...

  1. 2,467 Posts.
    lightbulb Created with Sketch. 572
    My two cents worth, (not that two cents is actually much these days) ~smile~

    The very long project delivery timeline of close to 18 months leaves potential investors thinking that they can produce a better short term return elsewhere, because the catalysts for re-rating are quite some time down the project delivery track.

    While the share price will improve over time, and probably dramatically at some point - project delivery milestones are not yet imminent.

    As a result existing shareholders remain captives (many will be showing significant losses from the beginning of this year) of their unwillingness to take a loss now and invest elsewhere to make the loss good - as compared to the near certainty of making money in the medium term, but being frustrated by the lack of interest from the potential investor market.

    All in my (sometimes) humble opinion.
 
watchlist Created with Sketch. Add G1A (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.