RE:RE: What is FMV for 1 core speculative asset - no discovery?Best decision I made was selling BRW.
NILI.V closed today at $ 1.01 per share, almost DOUBLE from what I bought in at 55 cents initially.
Difference between BRW and NILI is that, BRW is supported by hope where-as NILI is supported by a MONSTER DISCOVERY.
Other difference: BRW is overvalued and NILI is undervalued.
So no punch in the stomach as I knew drilling was forthcoming and I got out because of change in the business model. They moved away from 20 lithium companies in one, to lets do like everyone else and have a core asset.
Thing is, one core asset = EXPENSIVE STOCK with no discovery.
Good Luck to you.