thanks HOOPZ.
great work. Could you overlay the IO price on that chart? I think the surging IO price might have a bit to do with that run as well?
after the good historical info from Eclectic_Nish, I’m no longer as sure on the rerate after the next quarterly. I’m hoping it will, but that history suggests we’re at fair value now in that 0.5-1.5x cash range right now.
again, hoping not.
but if it turns out to be the case, then it’s going to all be on management and their use of the cash into net positive projects, like successful drilling, new tenements etc. but all that will take even more time.
I’ve often said you need patience in these juniors and that’s proving to be the case again.
I really appreciate the great charts you put up. I’m no good at charts, so I really find your explanations with the charts to be very useful.
thanks again.
ned.
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