agreed. Tony himself said in a recent interview, when it got to $1, it was over priced (esp given still pre feasibility stage) & when it was < 20c, it was undervalued (he did put his money where his mouth is & bought some on market around that range), that actual value should be somewhere between the extremes. Somewhere between 35-47 would make sense for short-med term.
of course, if they keep finding more nickel-copper-lithum etc & project de risks overtime then a quick jump to 60-75 is possible (& hopefully they do a CR at 47-60 range then to reduce dilution.
do like the current bull flag on TA taking it to late 40s (if it plays out) & am comfortable knowing Tony bought recently and Creasy got around $1m worth on market at mid 30s so long term unless calamity occurs, we should get to that 40+ (which’l ensure bulk of the holders are in green & have reduced sell pressure once Delphi has reduced their holding to whatever their target is).
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agreed. Tony himself said in a recent interview, when it got to...
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