According to your logic, " histroy repeating......"
Which history repeating? 5c soar to 30c or 5c soar to 17c?
Please be objective to your post coz the above 2 price soar are actually true facts happened to THundelarra.....
So with more quality assets Thx hold now and much more geo knowledge of Red bore, we are at 5c again, but you still claim party is over, gee......
Don't you know the actual meaning of Assets and Equity and liability? Do you know if someone buy your assets, you could get Cash or equity share from those buyer(then you either sell on market to get cash or hold for investment and sell later), so we shareholders could be benefit from those quality assets Thx hold by both exploitation success and assets sell......
Being objective, if this spp complete successfully(which I believe so because Management hold 20% of this company plus top 20, total around 45%), THundelarra only have 430m soi and around 7m cash at bank, choose a lower figure which some negative posters here like to see, let see 5.5c, thx mc only 24m, sp its EV only 17m with several quality assets on hand and equity investments plus deferred account receivable.....
Why the loads of negative here and have you guys ever analyze this company properly? This company has no terrible debt, yes, it is nil, got funds at bank, catalysts drilling campaign upcoming, no sovereign risk(at Australia), next to big brothers so no requirement and high expense of processing plant because either JV or assets sell to get funds,.....
Thx might slowly but at least it is moving Forward, don't quite 5 meters before the bright sky after a years try, this time could be the time to bet....
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