found this in April 2022, hindsight now means I can see if your...

First 2030 Last

Share
Profile

Follow
deetoy

194 Posts.

14

07/04/22

15:55

Post #: 60720729
Share

Originally posted by Onspeed: ↑

About time to start this thread, G1A has the fundamentals to get there but there is more to it that just fundamentals, there is also marketing and market opinion. Some saturday thoughts from me;

You’ll start (some already starting) to see a confluence of events with G1A

1) A gain on the market radar - more comments and likes on HC and twitter (not always a good thing) indicates an uptake in retail and soph interest and investment

2) Northward SP movement, Volume and maybe also volatility coming into the stock

3) Larger moves on price sensitive announcements

4) A chart with more predictable patterns
5) Chartists, TA and Traders infiltrating
This is what I usually see on a good stock in a hot sector, the stock will go through this cycle on it’s project development phases.G1A is different - A new lister with an incredible project means no overhang like a stock that has been listed 10years with multiple projects. Combine this with very serious management who want to take this thing to fruition and with a rapid pace about it (Offtake, DFS and construction asap) means that those ‘confluence of events’ will likely have a big impact on the SP while the actual quality of the project and predicted ROI keeps long legs In the SP. I think everyone can make money on G1A and I base this simply on the outstanding LT economic modeling and ST newsflows

I want no less than 4 bags from the 18c level before the lean construction period starts (after deals have been completed) and those trader buggers descend in. I believe those bags will come in well before a bucket hits the ground

Expand

found this in April 2022, hindsight now means I can see if your prediction came true.

only thing I'd add to your analysis is market value decreases when capital has been outlaid for construction and mine development while production hasn't started bringing in cashflow. That's a hard lesson I've picked up after watching price movements across few explorers trasforming into miners.

that said. the 'Abra Construction 52% Complete' announcement on 15/03/2022 tells me of the expected date for cashflow from mining & processing output.

"first commercial production in thefirst quarter of 2023 calendar year."

so my crystal ball is projecting dips below the current 0.19 to 0.25 range until the board start securing income. If the board can secure forward sales of production output (via contracts) we might see a stable and supported rise in share price before 'first quarter of 2023'.

just my forecast. will see.

G1A Price at posting: 23.5¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply