Never have any cash, page-86

@Bargainstocks01 you do know this old boy is an advocate and happy shareholder?!
I am here... I am a believer... an advocate... we have a proven resource.... and the share price should be north of where the ol' number sits today...

I have done my research, thank you. Anything not announced via ASX announcements is speculation even if it does come from management either in videos, or n the phone.
However I am no fool (my ex wife may disagree) and I am also speculating increases in mine life, increase in resource... as blind freddy... can see it highly likely. Or as you put it, 101 investing.

Your reasoning my fellow , whilst extremely basic - makes sense given the current SP

The most simplest of projects to get into production from a mining and jurisdiction perspective.

However, there is still execution risk. The PFS is the next hurdle and so on.

Those that simply speculate on an NPV and then look at the current SP are clearly very green when it comes to this finance caper.
Don't get me wrong, there is huuuuge upside here.

However - to get to production there will be a combo of the following (and nothing wrong with this... part of the process)
- Royalties that will reduce profitability for shareholders
- increased SOI to raise capital
- Funding from offtakers which locks in buyers and funding and in return they get a discounted price on our product.
- Other debt avenues that require servicing

Of course there are the other funding options that others have discussed over.... and over.... on repeat.... by a select few.....and if they happen it will be happy days for us all indeeed. Very REAL options which makes this that much better

We don't have to be overly negative or overly positive on these forums.... we can weigh up both sides too with a balanced view!

Beer O'Clock for me...!