RE:RE:RE:RE:RE:RE:BUY BUY BUY! not.....Excellent analysis! I'll add....I really wanted to get behind MOZ but as you pointed out...management blew it...share structure blown out and raising funds as a penny stock is self defeating...I threw in the towel on this one
The artemis warrants will bring in 30 million $ and are in "strong hands" The financials are based on "fully diluted" shares which include the warrants being exercised so while it's possible they get exercised and then the shares sold it probably will be at a higher price than the stock is now. This issue gets resolved in 2024 around the time of first pour so after that it's a non issue.
I have urged Artemis to get a proper TSX listing but they're in no hurry to do so but plan to. A US listing would be better so far as liquidity is concerned by they don't want to spend the money for a NYSE listing now....I think their plan all along is to build it and sell it like they did with Atlantic. Too hard to dispose of 40% ownership in a thinly traded market....it's a big enough project with a long life and a large land package so it's prime takeover stuff.
I agree with your take on SKE too....more risk but a lot of potential...and they now have 100% of SNIP with a good 750k ounces of high grade...and a very large land package...could surprise
Do you know of any better prospect than Artemis?