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29/03/18
16:56
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Originally posted by Peliatan
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My prediction was that too many hopeful Nelly's here will over-predict sp without any supportive data...got that right already...
Or...if l want some 'thumbs-up' on here l would just pick a price anywhere between 20c & 60c out of the blue (sky)....and then repeat the same blue paint phrases from the same 'painters' on here over and 'over the horizon' again...and then get good ol' Dr Feelgood 'thumbs-up' rewards for that...
4.0c is the price atm...thats all it is until Co achieves some real goals...until then it is still all blue sky imo.
Why wouldn't you agree with Edison's 10c if the Co kicks all their Stage 1 goals?...with perhaps a higher 'spike' here and there around the big Ann's...anything else really is 'guessing' imo. Off-takes may have a bigger influence on sp after (if) the $$ are raised...Afterall, the 'off-takers' will be the Co revenue to base the sp on if/ when it happens.
l did calculate a higher sp for this stock before the S1 & S2 concept evolved...l think some people here have 'mixed the pfs numbers' of the two mine development concepts and are coming up with unrealistic sp predictions atm
Reality is...sp is about 4.0c now...but, if this Co doesn't raise $30 or $40mill in the prospectus then the sp may well be 2c again...very quickly....or rumble up towards 10c if/when planning goals are kicked.
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I see that you're starting to accumulate your "thumbs up" by begging.