I've a large number of pennies wrapped up in here, and for a project such as this there are plenty of risks to be aware of. However, I do feel that this is my best risk vs reward opportunity on the portfolio - I struggle to see anything like this across the rest of the ASX.
There's plenty of companies also trading at a negative EV right now, even ones with cash pouring out the bank accounts, but the market doesn't give a crap about cash now - it wants to know that you can be *profitable*. This baby has profit written all over it.
I'm hoping that by the last quarter of FY25 that the share price is in the 30s, which would also bring an injection of cash from the options (not to mention the mining revenue and margins)
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