--The completion of the DFS should now support a share price at least around the .40-.50
range
- Covid issues have in all likelihood slowed things down somewhat , so that is a valid cause for delay .
-- Management now needs to actively support the stock price and facilitate its growth
( I.e : get the message out to more mainstream media sources, BNN.ca, Kitco., Mining weekly
By so doing we may get some significant analyst coverage
( Buy shares in the open market to show your confidence in where price is heading.It's hard to expect others to buy your shares if you won't buy !!)
- Do an online conference for shareholders so we can query management about the issues of concern,
-- The DFS shows an after tax IRR of 19% . Is that good enough to attract a buyer .
( some developing miners have IRR into the 30%+ , I believe )
-- In all likelihood there will be more Private placements within 6 months - 1 year .. What might be an expected price for these shares and warrants ? That would cap any SP growth !
-- New presentation states :
" State Issued Mining License in hand with Environmental Permitting ongoing and expected first production in 2024""
( if it is not sold , is 2024 a realistic timeline for production !,)