CTM Chart 2022, page-33

So what are the options?

1. Jambi deal (Possible but unlikely though they have been working on it)
2. Takeover (Very possible but hopefully not before we unlock more value)
3. Breaks off finally. (Possible but there was still some bot action happening so unlikely)
4. Punters finally realising fair value after reading the valuation reports. (Possible but they’ve been around a while)
5. Someone new taking a big stake without intention of a takeover.
6. Someone old increasing their stake.
7. New project (Vale thinks management has done such a great job that they want us to develop another of their projects)
8. The world recognises the massive value of the long forgotten Ity project and the enormous value that’s about to be unleashed (In my opinion this is the most likely scenario )
9. Any other scenarios you can think of.

For the record.
I’ve been in since pre consolidation at an average price of .06c or 9c post consolidation.
I haven’t sold a single share (I realise some may think that’s crazy) but as long as the big boys keep holding so will I. Management have done very little to raise any fears and continue to deliver.