All good.
I'm holding to see significant production, at least.
Been accumulating since 2016, so another few years is not a concern to me. Very impressed with the continual progress and success, and have been adding accordingly with this de-risking.
Life-changing holding now, so happy to ride it out.
I think there are a few key catalysts on the horizon, which should feed some significant sp growth over the next 12 and 24 months. I don't think we'll see the "typical lull" while we work through development, as we will have the 2ktpa plant generating results (further de-risking) and revenue relatively soon, whilst working towards the real deal: 12ktpa.
If we lock in a funding solution for the 10ktpa expansion, it is really only a matter of time before that comes to fruition - and imo it seems that 12ktpa production could be on the cards in 2024.
In that case, the gains from here, imo, over the next 2-3 years, more than justify holding strong, at least until that point. ...and who knows what Nevada will bring.
..and then, with very significant earnings coming in, we have a whole lot of options for expansion and growth. Perhaps we acquire some nearby strugglers and cut/paste the Rincon plant, with some fine-tuning of course...?
I'm not bothered by the dilution from exercise of options. This comes with hard $$ inflow, so the real impact is not what it may seem to some observers (not doubting you understand this btw!).
If we were moving into a "typical development period" for a mining company, where we now have to wait (with nothing exciting really happening) a few years for the build phase to complete, then imo it would be a different story... but I think that with our staged approach, we have a unique position and therefore won't settle in the usual "chasm" as holders sit around and get bored for 2-3 years, and therefore move on to shinier things... Imo there are plenty of things to maintain momentum and excitement here!
Anyway, just imo, and I realise everyone has their own risk appetite and investment horizon!
Cheers and GL
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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9 | 1003771 | 0.035 |
20 | 2382844 | 0.034 |
14 | 1415935 | 0.033 |
6 | 786250 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 1156639 | 9 |
0.038 | 1243900 | 6 |
0.039 | 1369010 | 8 |
0.040 | 1120475 | 6 |
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