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clock Created with Sketch. 19/09/14
21:34
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Originally posted by Mitzu007
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I've researched matchbox and I don't believe that 4 bill to be correct. Silverstream have non dilutive agreements relating to production. End of September will see the end of con note dilution. Then there should be a change as results are released. The market hasn't moved with this stock and probably won't until later this year once the overhang is gone and revenue is coming in from a range of sources. Either way... The market cap doesn't reflect the myriad of revenue streams from a range of resources available to the company. Add to that large tenements and mining licences. Far ahead of others in this price bracket.... Seriously. More than just potential. A significantly derisked penny dreadful that should only go upwards. I go back in at 0.007... Which I think is a bargain. More than my previous purchase and subsequent sell. But things are now much clearer. If people really did research they would see the gains these guys have in gold and copper. In a few months to a year it will be a different story. Many have missed out on other players that once started with micro caps. Management have been smart and have delivered. Once the con notes are gone this will develop. Too many positives on offer. Maybe people just think... If it's too good to be true... It must be a lie. But I think this is a company moving forward and this is the bottom level. Imagine if they found a shit tin of high grade copper over the 9000ha on top of the Gold. Or an IOCG deposit/silver at Tumi. Anyway... Those are extras on top of great fundamental and a retarded share to enterprise value... Time will tell. I'm not trying to sound too bullish... But a 50+ market isn't unreasonable based on current fundamentals. DYOR and see what you really think of the market cap for what's actually on offer.. Here's a list:
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Great post Mitz and good to see back on board
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