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Any down ramping or scaremongering this week? How's the sell you...

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unitfree2

895 Posts.

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29/03/23

12:14

Post #: 67018929
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Originally posted by mm3: ↑

SO to all the holders saying "No I'm not selling", what's your alternative? The project can't go it alone - it makes no economic sense, so are you just holding out for a counter-bid? Personally I think 40c is probably about right - gives the project an EV of circa $50M (I think) which is a lot for a chunk of dirt that wont come out of the ground otherwise. My concern over this not getting up is that we die on the vine and drift further and further backwards as our cash is depleted via (more) exploration or another round of studies to prove that Lake Roe isn't economic in a high cost environment

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Any down ramping or scaremongering this week?

How's the sell you called last week at 37 to 38 cents going? Still stand by it?

BRB Price at posting: 41.5¢ Sentiment: Hold Disclosure: Held
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