No Boab presentation at Diggers and Dealers, page-62

You have been posturing the same peers relative argument for years, albeit a time out in between, and yet here we are at 9c. I don't need to do the math, you have done it by proxy for me.

All the math in the cosmos is of zero material use if the market doesn't think they will mine it,thinks there's another CR around the corner or believe the Chinese slump will impact the business case. Timelines continue to get pushed out repeatedly and the price continues to dwell.

If the smart money thought this is what you suggest, why is it there has been no obvious lean in for years on end. Because there are more inputs to consider than its relative value vs peers.

The only people making money on this asset are those who trade it.

Price is King. If it breaks out on volume and fundamental news, then its worth a closer look. Knowing the beast you straddle is highly applicable in the sub 100m market where the prevailing winds are against the biggest consumer of commodities.