RE:IMHOBullRush1 wrote: At this point contrary to everyone elses beliefs on this board. The leftys and the rightys; the uppers and the downers, all I have to say is this.
Am I surprised that so far this morning we have not even moved up to 22c for crying out loud. Yes.
Do I feel like I married a nun at this point. Yes.
However, IMO the longer this builds up pressure at this level the higher this thing will blow when she does go. Its like buliding up a big O ;-)
My question to all the gurus on this board. Bp, Zhan, Humble even Bird is simple:
If the diamond agreement is allowed to be paid off, arbitration gets dropped in court and Reliance drops news of having found tenders for the exploration contracts......
Which essentailly means the next step is to drill for Gas. You guys rememeber Gas right lol, the stuff this company drills lol.
So if we are at that point of clearing diamond, and arbitration, and having found tenders .... how in Gods name would we not be back in dollar land.
Seriously, I need logical replys from both sides. Because IMO those 3 steps are going to be completed within the month of July.
The first two at least.
Again that is a "If", but thats what they are working on and so far the other 1000 things Niko has been working on since last August have come through one after another getting knocked out like clock work.
Personally I think we sould be much higher than this. I would now expect Diamond getting settled to take us to a stoopidly higher level than this; but seeing how the market treats us Id expect us to have to have completed 1 and 2 at the very least. If not 1, 2 and 3.
However after the 3 events I listed, if we are still at 20c how in a sober mind can you not think this would not be a 10 bagger on the spot. Literally. Read what I said first.
"If we are still at 20c after 1,2 and 3 are finally completed. How can you not say this is a 10 bagger?"
I dont care if you think 1,2 and 3 are a long ways out (I don't) will not even happen (I do). Im simply stating what Im stating, and asking what Im asking.
What else is there that you can even argue about that we need to clear before we are trading at a real Fair Market Value again? I think 1 and 2 should moon shoot us to be honest. Those are not two minor things at ALL.
Infact they are the only 2 things stopping this rocket from launching in all honest opinion.
There you have it folks.
Everything is lining up, i was uncertain what to expect today as well but watching it hold the same level shows me people are still willing to wait, and the only thing to wait for is the diamond settlement to end which from the NR seems to be a high priority as well, literally everyone else is on board and this is just 20m, drop in the bucket when it comes to future revenue.
Also dont forget we could get a surprise payment from the folks in Bangla anytime, last time news of that came out we ran to 0.28, next time hopefully we get the full payment of 35m or so, give 20m to diamond and off to the races we go
Also June 29th today, could get a release from Reliance any day now that they filed to officially drop arbitration in the Supreme Court of India
Holding on, cheers