Great assessment, Princey.
There are a lot of moving parts at this point in time. Throw in Daws drumming up business in Asia, and it's a hot mess right now.
At the very least, Ratta has tripled its initial investment of $350,000 AUD, and as you rightly point out, the longer an option is not executed, the more valuable it becomes.
But in this case, if Ratta truly believes in the project, they must pull the trigger.
Huge risk, Huge reward!
I'm excited all the same.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report - Amended, page-11
Add to My Watchlist
What is My Watchlist?
