Why we are at 6.1c
1. Overall market down.
2. Sovereign risk is of the scales.
3. Nickel trading lower.
4. Bullcrap press releases from island.
5. Small coy HUGE project syndrome.
6. The world ended the other day, we havn't realized it yet. :()
7. I havn't finished topping up.
So there is five valid reasons not to invest in the coy, well if your a fund manager etc.
These things need to be corrected in order to see sp increase IMO.
You might say, what the hell are you investing in this for if there is so many risks involved.
Why would you do that, cause the reward of getting in early is HUGE.
If this thing does happen we'll be greatly rewarded people.
As to valuation, I have no idea. With the 60 bill figure, was this on dso or
treatment of ore on site, there would be a big difference, so I guess we could put that on the list as well. Then we have VC etc. I like to think of avq as oxr was many years ago. It had 3 bill shares and hit a high of 4.25
I think, close too. If it hits this mc in years to come I'll be very happy.
Good luck to all.
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