@Iryna-Bellabasically what you are saying is that you wanted him to pump the stock up on the lithium hype when gold appears to be their primary focus and where the money is being spent?
It could work similar to what RTR did earlier this year.
But pumping the SP higher is only setting up for the next placement which always ends in most getting rinsed out into unsuspecting retail.
they can only go as aggressive as what to what the market enables to raise and do.
Can't be greedy here.
Fact is that BRB was considered a dog stock by many of the posters here for the good part Oct 20 to Aug 21. Manna was not a new maiden discovery. Asset was always on the books. Infact, not much has really materially changed at all with progress on any of the projects.
Investors had an average of around 19c-20c between Oct 20 to Aug 21 and not too long ago 15cents. those that held steady finally got rewarded.
Surprised that the market decided to suddenly wake up one day and re-rate BRB. Or did alot of investors jump onboard and only bought it because the SP was going up?
Considering the above, BRB has had a bloody good run to that. But most likely will be capped shorter now by the looming CR. Evryone knows its coming. Doesn't mean valuations are going to be capped forever, if you think project has more upside, then the new funds will generate 2-3x the value in return.
There are plenty of BRB look alike stocks on the ASX if you look hard enough and i think it's likely that they'll catch up to BRB valuations. So the best opportunity of faster gains is to get in early on the next BRB, like when BRB was 15c and ride the 2-3x wave up.
Easier said then done. Much easier to buy whats going up then a stock doing down or stagnant like BRB was before the re-rate.
