Post by
deepoil0808 on Dec 03, 2023 4:03pm
Scale + Distribution per Kaiser (needed for big money)
Comments per ceo.ca poster who listened to Kaiser at 23 minute market of latest interview:
Market wants to see scale and distribution. That's when serious money will come in to get this much higher. We might get that in the next NR, or not, and then we have to wait a bit longer. One way or another, I'm really excited about 2024! It's still early days for the global batteryboom!
============================================================
Correct me if I am wrong, I am going with what I have understood to date. Mirage drilling +/ 2,500 meters. Drilling testing shallow depth and not width.
My question:
How is it possible to learn anything of scale and distribution with the present drilling that was done that is: shallow and does not test width?
Kaiser gave a hint that we might not get the type of news on scale and distribution in the next PR and will have to wait longer.
How will the market react?
A $ 200 million valuation has priced in a major discovery.
My personal opinion