Another historical low todayAnother historical low today. We are trading at 27 cents (on huge volume close to 3 million shares) close to my 20 cents traget price. Within 1 month we should be there.
Based on Free cash flow model SJT1&2 is worth 20 cents.
Over the past 2 years I warm u about Cosmicpump stupidity when he was putting a target price of 20$ for next year. In the same time I was putting a target of 20 cents (100 times less than cosmicpump target price). It seems the one who was right once again is me. Market seems to agree with my Free cash flow model which give 20 cents valuation for SJT1&2.
Cosmicpump everybody on this board would be happy if you go away. Ur nonsense and unrealistic target price make everybody fed with u on this board.
I hope you will listen to me one time.
One thing that worry me here is their 50$ millions credit loan with sprott at 16% Interest rate. This can broke them. This interest rate is way too high to make the whole company profitable. So they will need another financing at 20 cents to pay back that loan. Which will give 1 billion shares outstanding.....
I think it is not too late to sell. Better to sell at 27 cents than at 20 cents.
Best
Julien