@heritic No “bags”? Please support your claim with some sort of...

@heritic
No “bags”? Please support your claim with some sort of evidence. Perhaps a DCF analysis like the ones I have posted, that I’m sure you’ve lurked.

The share registry hasn’t increased since the last CR, so the “bags” won’t change just because the SP has dropped. The fact that the SP has dropped on no news simply means that you can get a cheaper entry price which will only add to the number of “bags”. The fundamentals remain the same, and to be honest are better than ever with Morila almost completely exhausted and their Domba prototype in motion.

SP dropped to .008 last year over the wet season, then shot up to 2c when drilling recommenced. SP means nothing in between now and the release of a JV/toll treatment announcement with Randgold or others.

Buy side thickening, starting to think I should move my order at 0.005 up to 0.006 to snatch up the last of the panicking holders in case there’s another dump.

IMO DYOR