This is a rock solid, bottom-drawer stock. By that I mean you stick it in the bottom drawer, forget about it and then find it again in a year or so. This is not a stock for a quick in/out speculative win.
Rock-solid due to:
- Safe, genuine management team and expertise.
- Cash rich
- Sound opportunity in a world class jurisdiction
- Massive upside from current levels
Risks always exist, approvals/appeals certainly, but this is nothing complicated. Everyone needs to relax, have a beer and above all be patient!
No need to overthink it IMO.
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