The share price hit a low of 1.2c in December... current share price is 2.6c...
That is a risk of 55%....
What do you think the reward will be, if this JV cobalt venture is successful? My estimates (+100mill in revenue@10-15% margins) is that it would be Disallowed.
In simply terms you a risking 55c... for a chance to win +$10.
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The share price hit a low of 1.2c in December... current share...
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