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DUO

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0.9¢ dourado resources limited

Nice balanced post mate. Although revenue might be a while off...

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ryan1986

2,167 Posts.

03/09/15

00:28

Post #: 15924866
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Originally posted by webbj ↑

I say well done to those in on DUO, especially the patient ones who waited it out and accumulated at 0.04c

The space is definitely interesting, lots of potential, lots of big numbers. That being said, some of the comments in this thread are quite reasonable in my opinion. The presentation does an OK job at explaining the problem but details very little about how they will make money (then profit) from their solution.

Most of the stats are the industry problem and the plan is to spend lots of money commercialising their product. That's fine, but still a very high risk stage of the company. Doesn't mean the SP wont continue to run, nor that the company wont end up being amazingly profitable.

Ultimately I think there is an enormous variation in holders interpretation of 'long term'. Some say they are in this long term and that means 3 days, others mean it as 3 years. They have conversations [and arguments] not realising they are talking different languages!

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Nice balanced post mate.

Although revenue might be a while off yet, there are some incredible wealth-creating stocks that are still yet to generate revenue to this day.

LNG and SMN are both examples that come to mind. Still yet to generate income, but huge returns to shareholders, and that's the part we care about for now right

DUO Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

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