RE: Confidence LevelI think you are bang on strictly.
Im a student of the macro Mn picture and the amount of M&A activity and good news stories (from majors and juniors) taking place in the Mn space at the minute is unprecedented.
Just over the last few days for example Eramet announced record returns from their Comilog operation, Critical Strategic Metals analysts have been talking up the importance of Mn in the context of the burgeoning EV battery technology market and Glencore (in their $11bn IPO prospectus) announced that they will be going after Mn assets globally to diversify their portfolio.
We are in the right macro space, we are in the right mining jusrisdiction and geological postcode - it just remains to be confirmed that management have closed the right deals. When that happens we are off to the races big time.....
You all saw what happened with RGD in Guyana.... if the CNY story comes together as we hope it will there is no reason why we cant see a rapid $85m jump in market cap too. That equates to an SP of $5 per share of CNY on an undiluted basis.............
People should watch out for activities from the following companies if they want to get a handle on peer comparisons, M&A strategies, geological nuances, Mn grades, exploration techniques etc etc
American Manganese
Aquila Resources
Assmang/African Rainbow Minerals
Aurora Minerals
Ausquest
Auvex Resources
Azure Minerals
BHP Biliton
Bligh Resources
Brumby Resources
Consolidated Minerals
Crow Wing (Minnesota)
Dome Ventures
ENRC
Eramet
Ethan Minerals
Genesis Resources
Groote Resources
Hancock Prospecting
Hannans Reward
Jupiter Mines
Mesa Minerals
Mineracao Buritirama
Mineral Resources
MOIL
Monax
Montezuma Mining
OM Holdings
Reunion Gold
Shaw River
Spitfire Resources
United Maganese Kalahari
Vale
Western Manganese
If anyone has other comparables, I would appreciate a heads up on them. After all thats what these forums are for.....
P