Mcap of 79M Mongolian assets - looking sick Grandis - low margin...

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justinmetals

7,862 Posts.

1523

14/03/24

18:21

Post #: 72891825
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Originally posted by Wonkers ↑

Have updated this chart of buys from Dec 2023 onwards to reflect additional buys since Feb 12.

It is my absolute opinion we are hugely undervalued given the imminent catalyst for a significant re-rate with the (successful) Grandis flow testing- we are mere months away from a binary outcome that I'm betting is a good one.

Hence- we buy more- another 400,000 the past 3 days.

I think 7c is an absolute bargain given what COULD eventuate w/ Grandis (again....DYOR)

Of course there is still risk- nothing is ever guaranteed by any means, so caution is warranted of course,
HOWEVER, I like the risk v reward potential here so much more now, than ever.
And I mean....I really, really , really like it!

So much so, that I've accelerated (thanks to another highly convicted long term investment starting to play out as I had envisioned it would-
it wouldn't take much digging for you to guess what that might be ) the Wonker clan acquisition strategy in pursuit of our goal to amass 10 million shares.

We are getting very close, and if we converted our oppies now we'd be pretty much there, but not quite yet.
I'd like to get to 10mill heads and then convert the 1 mill oppies when appropriate.
A stretch goal if you will.

I think back to 2019 and our dream of amassing 2 million heads.....I couldn't fathom 10million, yet 5 years later, we're knocking on the door.

Continual buying when able, no matter the share price, delayed gratification and acceptance of the opportunity cost associated with plowing yet even more hard earned wonga - is tough to do and frustrating at times, but in the end, if you've done the research and continued to asses risks (and are satisfied all is on track) then ABSOLUTE HIGH CONVICTION can pay off as I've had reinforced of late.

DYOR of course, not advice- yadda yadda

GOOD LUCK to ALL EXRerians- I truly believe any share price average will be rewarded in time, a bit more patience required but we are ever so close to a potential significant benefit.

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Mcap of 79M
Mongolian assets - looking sick
Grandis - low margin gas at best
What is your experience in Oil and Gas that makes you so pro EXR? There are many other O&G stocks so your enthusiasm for this ‘average to below average’ opportunity is a little odd.
Good luck to you (and your kids)

I’m happy to be out of EXR and I bet rogerdat is too getting out at 26c early 22.

Last edited by justinmetals: 14/03/24

EXR Price at posting: 6.9¢ Sentiment: Sell Disclosure: Not Held
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