The same stories are being told, largest resource in the world bla bla bla. All priced in. TO did not happen in Dec and nothing yet on the horizon. $400m mc for 60% is high for this spec stock . Oversupply issues are circulating the market, so who need this large resource anyway. Poor management , so the big boys stay away. Roads , electricity , DRC. etc etc. that’s why the SP what it is IMO.
Running discussion on SP, page-601
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