RE:RE:RE:RE:pandsca all stay loose 2021 we excitingI have been here for nearly three years .
My average is about the current price, so it ain't me babe.
I have doubled my position since my initial position, mostly in 2020.
Monument have an excellent technical mining team , so that is not the problem.
In my view the corner has been made.
Realistic book value is above $0.40 right now .
Its a great time to monetize the entire company or one or more of its projects.
While that might be a reasonable expectation for Murchison, it's a difficult exercise for Mengapher as they won't..embarrassely so..be able to recoup anywhere near our cost base of about $160 million cad.
A total company buyout would mask that embarrassment .
While volumes remain light, there remains an element of price containment .
The reason seems obvious, but it's been a long time to complete due diligence.
Dato has been the biggest change in this company over the past decade.
Its rather easy to bring together the 5% ownership ( 17 m shares ) required to publicly challenge current management and to present alternative monetization options .
So that option remains in the holster..