G1A. Hey Bayswaterguy. Had a fleeting glance at this one. For a second it remind me of GIA (Giaconda) which was a close call for me.
GIA was a bio-med, something about gut cures and the guy who ran the show had won the Nobel Prize for his work. So you'd think, oh yeah that tech is good. Nah, stock was a flop, even tho the science worked fine. I was standing on a big loss but I heard thru the grapevine that he was getting divorced and his wife was gonna dump stock. So very soon the SP fell hard and I grabbed a heap. SP recovered and I was able to get out unscathed. But another lesson for me that nothing is certain on the ASX. Imagine if the BIT guys had won the Nobel Prize!?
Anyway, G1A. Looks like a fairly mature project that is fully costed. You'd think the SP is a fair reflection of value? Not sure why there would be any big gains altho I don't know any details? Not the sort of stock I would spend time or money on really. Maybe someone who runs all the numbers would have a different opinion.
Btw. Re RAC. That was just my take on the stock. I was a bit taken aback by the story.
PS: Just saw a show on TV about the 2018 bitcoin crash. "How could anyone know"? they asked. Haha, anyone who could read a chart and had been once around the block could see what was gonna happen there after that spike.
