Butchy,
Agree.
I have been holding since 2009 buying for the nickel, sold about half at various stages during the bubble, but was too greedy to offload more as they dropped below 550, lol! Left holding nearly half, but apart from one rights issue all in the black.
The project is certainly looking more realistic, credible and potentially lucrative as time as proceeded. Hard to fault management, and although it is high risk due to location they are structuring the project to minimise that to a starter project capex.
With capital raising starting this year we certainly need the rising sp we have recently been getting. At risk of being caught by a CR I am inclined to look at increasing my position a little as if they can pull off phase 1 over the next three years this could be quite a valuable gem, and if not probably no where near a total right off.
EL
Butchy, Agree. I have been holding since 2009 buying for the...
Add to My Watchlist
What is My Watchlist?