all l can say if you buy low in these plays and lets face it a broker report which valued the mining stuff valued it at 40 current register/take 20 like they did still leaves it at 20cents a share deduct 10cents or 15cents for sales pitch it gives you 5 cents,,,,its not like they are going to announce a tech play add 1 billion shares and thats it,,,,has to clearly be in both parties favors
they will let say offer 2 million cash plus shares,,,all other shares that are shells have no value minus cash on hand or some crappy mining stuff valued at really just that,,l am not sure how its going to work
deal structure if it goes ahead but when l bought mya at the lows it did not look as clean as this
l think it will be more of a stake in a tech with options or certain things met for spi to increase stake overtime
giving it time for share price to reach a fairer value or partnership agreement with the mining stuff or even a sell off it tech play is where they fully want to commit to,,they clearly stated they have spent 11million dollars on the mining stuff so l doubt its going into the bin and in fact could be a very valuable asset down the track if things turn around for the manganese stuff
this is why we are saying higher prices could the mining stuff alone could get it to 5 or 6 cents a share
all imo but am very confident in buying here,,,,to the price action,,,it could be very well being kept in check to make a deal sweeter for a tech play but l highly doubt its going to be some deals l have seen like at .002 of a cent which automatically gives you a billion on a register
the waiting game
SPI Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held