LEG is literally on the bones of it's ass now and can most likely thank Mr Creasy for his ongoing patronage for it's very existence , because IMO there would be not much more than a pinky toe left if he decided to cash in his chips and get a return of a few cents for his dollars.
The Mawson Discovery when given a little spin generated that delightful FOMO feeling just like so many junior explorers and they never fail to exploit the pumping of the price in preparation for the inevitable CR that they have planned , and while they are at it they raise the maximum available because they are well aware that the punters will loose interest soon enough and move on , that's the nature of the game and always has been
Until now.
Management are clever like foxes,
This brave little company is quite the opposite, running on a shoe string budget and proving up 5 Million tonnes of contained Nickel in Sulphides for $9 million .
Remaining under the radar has created the opposite of FOMO and translates to something more like WTF.
Because of their broad scope of experience the team can be so confident in the project that they know without a doubt that funding will be available when required ("At a suitable time") when it's a lay down Misère (500 style) .
The strategy used here has proved that the market in general is running a program that favours a hyped up "Rock Chip" announcement and just yawns when the actual Guru with a stelar reputation , who has multiple major discoveries under his belt claims to have found the 5th largest Nickel Sulphide deposit on Earth .
Yep he could have drilled that high grade near surface and FOMO would have no doubt kicked in , which would have put a spike on the chart before the punters followed each other off the register looking for the next sugar hit.
Their is no point trying to sell this to the market in general who don't have the patients to hold over a long weekend , so why even try?
Don't forget that Dundee have had a taste now and have seen all of the cards and one can only imagine who is inside their "sphere of influence" over there on that North American continent .
Billionaire Central .
Silence is Golden.
I just wish they gave us some idea of their plan , it would have saved a lot of guessing.
I don't know anything,
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