Post by
Myrty1 on Sep 23, 2024 6:47am
Dangling carrot
The only thing that keeps me going here if the fact that we have our Step 2 documents in for review.
If the Ministry is so kind as to grant us that "licence" or step, that is another huge vote of approval.
We are then theoretically just a couple of years away from approx $100M CAD/year revenue. Even $100M/300M share is .33/share, a good $3/share or more.
Of course in reality we will still have to give a ton of that equity away, but you'd think Miners would line up around the corner to partner on the project at this point, wouldn't you?? Pretty easy pickings. Design a mine facility, do a Environmental Impact Assessment on some incredibly polluted soil and water, $40M into the mine that you get back almost instantly, like shooting fish in a barrel.
Conversely, the Ministry makes up a reason to say no or put us on indefinite hold, we die and go to zero.
The game should be decided shortly. We need to sit and wait and do what we can on salaried expense only. I feel like Tim doesn't see it that way. Anyway, there is plenty of hope for what lies around the corner. Come on Tim, give us a little bite of that dangling carrot!!
Comment by
tmp251000 on Sep 24, 2024 10:07am
Marty. We are all waiting for the carrots........some are patient some are not as patient.......bring on the carrots and we all dance happily ever after.......fingers crossed
Comment by
Shamrock58 on Sep 24, 2024 10:32am
After waiting decades for results , what is a few more months to make sure that they have gotten everything done correctly in this venture . After watching how things can go bad with deals like this I don't mind waiting if it means Tim and company are getting this deal done right . Bring on the carrots and the "green" that goes with it . GLTA
Comment by
ListenandLearn on Sep 25, 2024 5:36am
If only there was a positive correlation between time and outcome..... Neither "Doing it right" and "Getting it done" has been BONE's forte... I think that Piskanja will be developped "in spite of" not "because of"..... We are near a major milestone so we wait....