Go and have a look at near term producers with Jorc, BFS completed and funding sorted instead of Greenfield explorers..It took ibg a good 10 yrs to drill and do its feasibility studies on Citronen and most projects takes at least 5 yrs of course they wont be valued much at the early years.
Comparing ibg to early explorers isnt the right way you are just devaluing your own investment by thinking and talking that way.
Way off the mark imo
Alot of projects even with a good jorc deposit, Bfs done but some reason cannot get funding, they would find it hard to be valued anywhere near the project npv that is true.
But with PPL now i just cannot see this not going into production, US Exim isnt handing out $1bil funding that often mate , the significance of this appears to elude you just because the sp isnt moving i think which can of course cause pessimism with the situation.
But on balance of everything i see so far i feel it is a matter of time before our sp begin to trend upwards. There is a good 5 months to play out here.
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Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $101 | 22.42K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 9588855 | 0.4¢ |
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Price($) | Vol. | No. |
---|---|---|
0.5¢ | 437121 | 1 |
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11 | 9903569 | 0.003 |
5 | 3649980 | 0.002 |
2 | 2500000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 437121 | 1 |
0.006 | 2625492 | 6 |
0.007 | 1358236 | 4 |
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