two reasons why I think the SP will go up when it’s published:
1. It will release a batch of investors who are not prepared to invest until they know more about how the mine will look. Up to now, only people who are prepared to invest on the basis of only knowing what’s in the ground are investing. There will be at least some who want to know more.
2. it will demonstrate that this management team can actually progress the project. That’s probably the biggest question mark at the moment, given the delay in the scoping study to this quarter, and given that transitioning from explorer to miner is difficult. Hitting a critical milestone on time will reassure at least some people.
I don’t have any idea how much it will go up, though. I just can’t believe it will go down unless the scoping study says it’s all too hard to mine, which seems very unlikely.
two reasons why I think the SP will go up when it’s published:1....
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