The company owns so many mines which already has identified minerals that combined is worth more than 10 times the market cap and that’s why I invested here as it was very derisked. The stock however has turned from a unicorn to a dog thanks to Gino the great. He left Australian assets and SHs to die here while he tries to dig for lithium and uranium in the dark continent and then complains that he can’t get a rig there.
If we can find money to turn each of these finds into an operating mine or sell it to the bigger boys and fund other projects that would be a great outcome for SHs. The point about small cos having no independent and capable board is a problem like no other.
I met him in the Sydney SH meet and continued to hold instead of selling and cutting my losses, hence my signature!
AS2 Price at posting:
5.0¢ Sentiment: None Disclosure: Held
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