RE:All That Value In The Ground !! Hi Blueblack
Abcourt is a company listed on the stock exchange but above all it is a production company whose management is focused on the best way to bring it to production profitability.
Its shareholders intend to remunerate their investment on the capital gains they can make and the dividends they can receive.
However, we must not forget that the value of the company and therefore the value of the share depends on 2 things:
1) Its present profitability
2) Its future profitability
Its current profitability is zero given that there is no production income and its operating and investment costs consume capital.
Its future profitability depends on its forecasts of revenue and future operating costs.
When you look at the order book you see that there is a large quantity of securities to buy at 4.5 cents and a large quantity of securities to sell at 5 cents.
What does it mean?
This means that there are many investors who think that the company has value but want, if possible, to buy it a little cheaper and many investors who want to sell their shares at the fundraising price. to be able to participate and also obtain a free warrant or who simply need money now.
You were a fervent believer in Abcourt and I understand that by waiting you are, like all of us, discouraged from waiting for it to emerge from its limbo.
All this beautiful speech to make you understand that it is useless to beg the CEO to raise the price to please us.
because that is not his goal.
his target is to put the SG mine into operation to produce gold and make the company profitable.
This objective is in line with ours because from this profitability will come the gain in value of the company and consequently the increase in the share price.
It is enough to watch how operations progress step by step towards success to stop lamenting and be patient.
The action is sold off!
So much the better!
Buy as many as you can or better yet subscribe to the current fundraising.