IPB Chart thread, page-277

Yeah NFI how you can say everyone waiting to hose out at 1.5c without knowing what the news event looks like. If you're looking at the asking price to farm in to WA-242-P, it's worth $25mill ($15mill drill cost + $10mill backcosts). 1.5c is $7.5mill cap. That's not associating any EV associated to what might be discovered by the drill.

Then if we do get the NA vend they keep whispering about, you can compare it to a peer cap of someone like 88E that consistently runs $100mill to $300mill when in news flow.

Doubt the elites that have money in here are chasing 50% gains. Whats the fun in that.