Transformational: The word I heard Peter use in the Noosa presentation.
I took it to be a transformational move from 0.5 cents, where the SP was in 2019 / 20, to around where we are now, maybe a bit less, as, from memory, the last CR was done at 3.8 cents. Peter has around 50 million shares, so that move would be transformational!
But, I also think he meant that, if proven, the Tier 1 projects he was talking about, could in fact be transformational from where we sit today. So if history were to repeat itself, which surprisingly it often does, we could hopefully see 8 x 4.4 = 35 cents.
But imo this transformation will take time, years, bit by bit.
All just how I approach this situation.
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