Again, you speak sense Feral! My suggestion of 20c as a TO was in reply to this ludicrous chatter about 15c & 20c as a TO price. Imo, total nonsense! Again I'll say, we were 15c the other day due to 'expectation' only of the EA appeals dismissal & sp dropped once the dismissal was put to rest & buried! Crazy! I wasn't even entertaining a bidding war as this subject would probably go over the heads of many & especially those not serious of the potential here starring them in the face. Anything under 20c @ present, taking into account the milestone NR's about to be released to market. This figure is cheap! Absolutely no doubt afaik! 30c would be a better 'FA' guided guess of a TO figure of the greater deposit. Even simply judging by MC alone! The 50c you suggest in your post quoted. I can see that. Unsure where judd85 is going with his suggestion he'd be happy with 15%-30% up with a TO bid from even here where we sit? Crazy!!! MC is $126M! Peanuts for the metrics of such a deposit we have! Just because the sp languishes now @ 9c. That is purely due to the metrics yet to come that we await news on! A predator knows what this thing is worth already! Let's face it! 20c-30c? Easily! After an output increase to say 100K? 35-40c? Easy! With the BFS that will basically actuate a Finance Mandate? I see 50c easily!
Again, what you attest to is both plausible & unsure how any holder would not get it? More understanding of how these things play out needed I guess...
WWI Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
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