2013, 12c cr AF did a 3 bagger
2014 10c cr petra, did 3 bagger from here
2015 18c cr SI used to payoff AF loan & LJ restart
2016 -2018 daily flip cr by Pershing, kept lights on
2018 big cr 5c to beat off BMM t/o & pay of $25M BMM,JEFF loan, AF underwrote 100%
2020 surprise 6c cr DD drilling
2021 surprise large cr 11c with $20M of it unneeded till june 2022 imho when offtaker could have funded it in full.
Its why we have 3B SOI & NO DEBT
easy money & all 3 CEOs did the same thing, no change
the latest 2 though have a massive ROI & this should be the last one. Seems they want cash strength over debt or offtaker reliance.
a signal to me that BHP is NOT GOING TO BE THE OFFTAKER, BS restart is in full swing & AF maybe returning on a golden chariot
Nothin, page-5
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