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carloss

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28/09/23

09:25

Post #: 70067059
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Originally posted by TheEndTimes: ↑

you wouldn’t try and pick a MC to enter now. It’s too hard. There are other macro forces around now that it would just make it difficult.
it’s also largely binary now.u get finance and it works or u don’t and it fails. There would be a third option - the CR to keep the lights on which is what I think happens, but u would buy on finance being secure (if it were real)- u have to understand not much here has been real at all.in fact, if there were a class action at the end of all this it wouldn’t surprise me and I think it would get up.
a REAL simple quick way to assess this sector is look at the other 2 kaolin companies. WAK and SUV. don’t think about product yet. Just look at the companies. Both have operating plants, revenue, customers etc and both worth less.in SUV case the plant they have is the same as ur stage 1 so now u can directly compare something. if stage 1 plant is somewhere around $80M - $100M what’s SUV trading at? Less than that. And they’re making SOMETHING?!?
thats not real.either they’re undervalued massively, or this is massively overvalued.
This is what we’ve been saying. I could give you 5 more but u get the picture.
also the resource is nowhere near as good as you’ve been told.Sure, it would have some favourable qualities about it and there’s a lot of it but it ain’t magic.there ain’t people queuing up to buy it otherwise u wouldn’t be in this situation. Nearly 4 years you’ve been sending samples out.that’s a long time.the worlds a small place in industrial minerals.
no real off takers, those other BOA’s that were cancelled were not real (either not real because fake, not real because u couldnt make spec, or not real because u couldn’t make money on it) and now here we are.
don’t even get us started on carbon capture which is what made this go to the moon.
Giga knows more about the concrete applications than me.but he’s explained this too.

no-one knows how low this can go now.it’s value to me, at this exact point, in this exact environment and based on other kaolin companies is probably <$20M
forget about the paid nonsense reports they aren’t real either.
its hard to quantify the damage caused by the previous guys but it’s substantial.there’s been a lot of fluff and really not much real here for a long time.
Bob has his work cut out for him.

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giga? Thought there was connection between you and him and TheHarbinger

Last edited by carloss: 28/09/23

ADN Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
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