Battersea.....Approach could come at any time but happy to let...

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cherryburn

1,098 Posts.

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31/03/23

11:05

Post #: 67063215
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Originally posted by Battersea: ↑

Shoemakers if you review my posts, I've been telling you since time was that this stock is a layup. I defy anyone else to produce a comparable company in the early stages of mining. They are not going to raise any more equity and if they do debt, it will just be the normal debt associated with running a company. For those of you with no more money buckle up and enjoy the ride and for those of you who have some money - that's very few of you, I'm guessing – buy more shares to get the price up before the bid comes in. The company will be generating massive cash flow based on 200,000 ounces plus in year one. They will be able to finance the secondary mine - the heap leach out of cash flow. We certainly don't need a merger with WAF. That would be crazy. Matt Wilcox, the newly appointed COO is one of the most respected people in the industry and will probably be shortly going on a road show to broaden the investor interest in Europe and North America. What is the Australian for can't lose?!

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Battersea.....Approach could come at any time but happy to let this run and what is not to like if we have a 10% plus rise per month until we are over A$1..Shorts were burned badly on the third bid by Albermarle for LTR this week and the shorts could be burnt here although a few are only smoking at present.

TIE Price at posting: 66.0¢ Sentiment: Buy Disclosure: Held
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