- If the market knew how good old Pirate was, it wouldn't be $150m mkt cap. It would be closer to $500m. - Market thinks Darren is a good Geologist and can find gold (jury out on ability to oversee production) - market has no interest in taking on "new risk" in current environment - investors have bush fires everywhere, so hard to attract new capital. - Market clearly likes ABM, but not in love with it yet (see NST).
and further to your post
- It looks like THEY POTENTIALLY DID FIND A STRATEGIC BUYER, did you not see the crossing last week? - all the other points are well valid and suggest continued share price improvement as those boxes get ticked off.
Nice work..
ABU Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
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