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02/11/22
14:31
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Originally posted by ChinaGold:
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All one needs to do is read pg. 29 of the annual report. It's all right there. This thing IPO'd at 20c. Mgmts. entire performance package is based around 30-50c. If they want to make real money, they got to perform and get REAL runs on the board. The carrot is way out there for them. Plus, Longreach at 53% (Escrowed for another 18 months) would be on their asss every day, watching them. -Small SOI. -Super tight float (Top 20) at exactly (and lucky) 77.77% Smart money running this. Get any shares you can. IMO, any off-take deal is 10-15c a pop. Current price is 13. Easy maths there. $10M+ in cash. GLTAHs
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There is bearly a float out there... all it takes is a big buyer and this fly like no other share.