I'd say the things holding it back are:
- Some potential investors are still wary of projects in Africa.
- Mineral sands are not on the radar of many investors, it's not as glam as gold, lithium etc.
- Potential investors may be waiting for the Revised DFS to confirm that Coburn is truly a valuable project.
But one of the best signs I've seen recently, is that one of the Director's has bought $80,000 worth of shares in the past couple of months.
He's buying because he thinks/knows the company is worth more than the market is currently valuing it.
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Coburn Revised DFS, page-5
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