Agree- and (fingers x'd) will position accordingly to absolutely capitalise for the benefit of us shareholders- Neil being the largest, and RC not that far behind.
I can't help checking, and re-checking my analysis and resultant determination that we are significantly undervalued, on a risk v reward basis (assuming the success case at Grandis).
Seriously?.....7c a share....with the ENORMOUS potential of Grandis a mere 3-4 months away from realisation?
Failure at Grandis and we see 2c again, maybe worse.
Success at Grandis and we see a share price of many multiples of the current 7c.....just how many multiples depends on a few factors of course, but the REAL premium leverage contributor for our asset is starting to materialise- and that is: We need gas- and there's a looming massive shortfall of supply that is starting to really hit home as that reality becomes evident. We may well have a nice bit of supply up our sleeves.
Simples.
EXR Price at posting:
7.2¢ Sentiment: Buy Disclosure: Held
