Welcome aboard Eqz. You've been red-pilled!!
I have come to the conclusion that there is nothing rational in the market until there are dividends. ARL has $26billion IGV at the Cobalt Zone, and around $100billion for KNP. Then there are its outlying resources that are not even being considered as part of the main play. So we are currently valued at around .1% of our IGV. Which is absurd. True valuations come with dividends. Once a company distributes funds, the market will judge it to be 10-15x its total dividend imputation. Until then, it's always going to be frustrating guesswork.
Anyway, you give us hope. If an AUZ refugee can be red-pilled, the whole market can.
All the best.
BE
Welcome aboard Eqz. You've been red-pilled!! I have come to the...
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