I will reply for the sake of the mums and dads, the batters, who might be reading this. People who might be looking for that one BIG BREAK. Aren't we all?
Money is the life blood of exploration companies. They will need to raise cash, and they will do so at a discount. Today's announcement is good I'm not denying that. That''s why I'm here. But a big move like this, on an acquisition, is just a sugar rush. A LOT OF TIME AND MONEY will be expended before anything concrete comes to pass, if it comes to pass at all. And in the meantime, it becomes a game of musical chairs. People sitting on big paper profits are content to keep dancing to the music, until they sense the other players eyeing a seat. Then it becomes a rush for the exits.
Remember folks, the right thing at the wrong price, is the wrong thing.
Ann: Investor Presentation - March 2024, page-14
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