Thanks for a balanced view of how you commit to an investment...

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williaw

162 Posts.

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04/08/21

19:36

Post #: 55035611
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Originally posted by thecrabpest ↑

I respect the research and information in this post.

Yes, 100% there are risks, but I still believe, all things considered, that there is still a lot of potential for this company between now and:
a) the mining licenses do not get renewed and the company goes bust (for me, a 100% loss - but I will likely sell before then)
b) the company goes all the way to mining (for me, hopefully a 2000% increase)
c) some other entity decides the JORC compliant resource is worth $X.XX per share (for me, hopefully a pretty significant free held number of shares)

Who knows, my circumstances may change, as may the fortunes of the company, but I am hopeful, because we all know as minnow investors that is the best we can expect - hope, that I can make some money, and the SP will go up when JORC resource is announced.

A 5% increase is still a 100% increase (or more!) better than keeping my money in the bank.

There absolutely is country risk, which is why the Market Cap is $15m and not $75m, which is what it would likely be if this resource was in Australia.

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Thanks for a balanced view of how you commit to an investment and your honest reply to Syk.
We all invest to make a profit and we look at fundamentals to allow us to commit to investing or not.
This forum allows all to comment and allows a 360 degree view of aspects of the investment, negative and positive to be delivered to readers.
The thing to take out of the forum is, that something(s) that has escaped your attention, is bought to your attention and that you may decide to make an action that affects you positively, financially!
Investment equals risk versus return and it really is that simple. DYOR and AYOR, good luck.

AKO Price at posting: 26.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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