fortune favours the brave --> fortune favours the blind?
The nature of the small cap space has got to be taken into consideration. Health cash balance with the marketcap, exciting projects and receipts. yes these projects are a huge bet with the debt they're taking on which could blow up in our faces, however, that's the risk adjustment individuals (not financial advice) need to consider when playing with blenders so to speak.
project npv is so variable and if they informed the market, they'd get a hiding eitherway; high npv projects will be scrutinised to the n-th degreeand if it gets delayed and is worse than forecasted theyll get belted on the ohter hand if the npv of the project is low they'll be scrutinised for goign ahead with the project.
sometimes you just gotta let the situation play out and understand that you could be a bear walking into a bear trap but if its not that the stream of salmon runs rampant.
cheers, gltah and not financial advice + dyor
DEL Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
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