What? You put out this company has triple the resource based on your own belief?
But I do understand your frustration; 300mlbs with 1b capex; Looks like reality is catching up now the hype has died down.I mean Peter Mac was the master of spin and hype and got the shareprice over 11bucks.
Seems the market is focusing now on the raw economics of the project.
Where is the billion bucks gonna come from? Serious dilution.
Oh, I forgot, a takeover. Come on guys. The sp is reasonably priced now isnt it? Your gambling on a takeover because that is all that is going to lift the sp medium term isnt it? The economics of the project arnt going to do it. Or feeling or dreaming there's 1b pounds of ux down there.
EXT Price at posting:
$7.25 Sentiment: Hold Disclosure: Not Held
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