RE:RE:RE:RE:new presentationI tend to agree. I appreciate your balance against the boosterism we sometimes see here.
We would need a 40% increase in APT price to equal the figure in the 8 year old feasibility study. APT and Mo are heading up, but so are a lot of things. Copper, cobalt, oil.
Bitcoin is worth over a trillion, uses as much electricity as Argentina and nobody can explain (to me) what it is and why it is so useful.
When Lehman (40 billion) collapsed it had a 250 fold knock down effect on the economy. Stock markets took 5 years to recover. What will happen if Bitcoin bites the dust?
Similarly, even ignoring the Gamestop drama, the stockmarkets are breaking records while we have all been at home collecting cheques, eating junk, drinking, watching old movies and planning our days around clipping our toe nails. What happens when the tide goes out on the stock markets? One thing that happens historically is that sensible people move to sensible investments. Another is that capital for risky projects dries up. Who wants to be in a penny stock company that is almost literally sitting on a rock, surviving on goofy loans and dilutive financings?
All the same, the chart looks striking and i am hopeful we have good news tomorrow.