Wow, thanks for the detail!
If I wanted to make money today, I'd just sell out for my already healthy profit...and give myself a high five. Not a bad return over 8 years...
Thing is, I want to make money from the growing story that is unfolding...so, we look ahead to what may eventuate.
IF the EV and battery storage and electrify-everything shift isn't just a passing fad
IF demand keeps accelerating and prices continue to push higher
IF current operations improve recovery rates
IF SDV gets up and running
IF JB gets up and running
IF new opportunities (e.g. via LPD or others) come about along the way
...then earnings could easily surpass $500m per year.. and could indeed be far higher. In only a few years from now..
The question is - how confident are "you" in those IFs..?!
I don't care what "the market" thinks for now... it will come round as things get closer, and those that invest when the risk is lower will make less money. Bad luck for them.
For me anyway, that is the only question, for IF those things happen, then there is a long long way to go for the value of this company.
IF those things happen, then the current share price is still a bargain. It effectively doesn't matter exactly what you or I or Joe Bloggs thinks Mt Cattlin is worth today. We are about to go from crawling around the living room to walking through the park, so that is not really even that relevant.
IMO, these things will happen; we don't know the time frames or the fine detail, but it doesn't really matter... I can and will wait a few more years for it to happen.
IF you don't think these things will happen, then by all means sell out and move on. I'll buy your shares as you do
![Smile](styles/default/xenforo/clear.png)
Every day that we get closer, and every day that the sp drops, the value only increases!
The world is changing and we are right in the middle of immense opportunity, whether everyone realises it or not! Most people won't. Most people listen to the "experts" and fail to build their own picture of what is actually unfolding.
I'm excited; just wish I had more cash to invest.
GLTA and DYOR an BYOP (build your own picture)
(just realised we've hijacked the chart thread, sorry gang)