KK. Good point. As much as I respect L2, DT, Freida, and a few others (also Stockrules tips) I have analysed this company - read my posts, (it is actually what I have done for a good living for 30 years - analysis) and thet is why I have progressively built up a holding close to 2M shares, without any borrowing. Last buy was 30K at $1,32 on Monday and I am still delighted. Why? Because IMHO the asset in the ground value is in excess of A$8 and I IMHO a 50% discount is a huge ask and that makes the SP $4.
I am even prepared to be really pessimistic and settle for $3. All this despite Fartin Martin joining the board. Wake up all - why do you think they have done this? Why do you think they believe the SH will vote him 250K options at $1.50? Why do you think he has accepted the offer? This guy is a big hitter, an el supremo and IMHO would not get out of bed for only $250k which is all he gets if we sell for $3.00.
MAE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
