I agree longer term hold looks like good value. Not sure of future drilling schedule (anyone else want to chip in?) but I expect it will be sooner rather than later as the new major shareholder will be very keen to put some real muscle behind progressing this to the point where it meets all feasibility hurdles. Afterall its a lot better project than many others at the same reserve stage as they already the railway and port infrastructure in place with agreements. Seems like a no brainer to me.
I am not too interested where the stock has been and in hearing from people who have lost money on it, my only concern is future direction and looks to me like there is more upside risk than downside risk.
Time to accumulate?
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I agree longer term hold looks like good value. Not sure of...
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