Post by
dsdsemma on Mar 08, 2021 7:37pm
Must be frustrating for mgmt
They do all the right things, in about 2 years, in the perfect commodity space at the perfect time, and so far get no rerating commensurate with the quality and extent of the deposit, and of course the outstanding IRR, payback period and mine life. 2 favourable research reports with $2+ targets so far.
Maybe the final DFS and production decision will do it for them, and us! Couple of weeks.
Comment by
Worldchanges88 on Mar 08, 2021 8:17pm
Couple of weeks till what?
Comment by
dsdsemma on Mar 08, 2021 8:37pm
The partnership with GENM and Sibanye gets together in that time frame and approves the finalized DFS. Then very shortly afterward, genm as majority owner makes the production decision, and then Sibanye has 90 days to buy back 31% and take control, or not. Meanwhile others are circling, as Kerry mentioned.
Comment by
timeoutofmind on Mar 08, 2021 11:16pm
i'd be rich collecting a dime for every pie in the sky projection i've read around here ...
Comment by
Specific on Mar 09, 2021 12:32am
Try a little cheese with that wine, it might help
Comment by
StockDoc60 on Mar 09, 2021 8:16am
Toom What fool would wish to collect dimes when you can invest in Genm and earn 1000s of dollars . Its a great feeling ,seeing all that green ,especially when you know this is heading towards a 5x ++ multiple and the green will get bigger and bigger !!