Generation Mining Ltd T.GENM

What Price Are You Expecting If Approved Nov 30th?

[bargnhillbilly]

If we hold mid .70s here waiting before the 30th. What is the general consensous of our share price directly after the 30th? I'm thinking maybe back to the mid .90s. I'd like to see more but still a long way from construction. Just interesting to see how we get to $3.00 or so from where we are. At some point institutions and the larger holders will want in.

[AGTCTTWW]

The highs were $1.11-1.15, Bargn and management was buying at $1 range in March, so above that, hopefully $1.40-$2 range. My own estimate were $1.40 in lead up and above $2+ after approvals, but who knows now. Would be nice to have industry analyst give us some insight, but this is not the case right now as I don't think GENM is being covered by anyone, but I could be wrong on that.

[Ivorygull]

I'll jump in, and this is pure guess work, so it'll be interesting to see how close (or not) I get.... The day after the announcement up to $1.02 then back to .96 the day after, but a slow creep up to $1.90 by Dec 15th.

[AGTCTTWW]

Thanks, Ivorygull. A cerebral response based on reality.  Likely accurate too. If SH wasn't stuck in the year 2000 with their Web 1.0 site, there'd be an option to have us reminded of your post automatically in a month(ie Twitter/reddit reminder bots.)

[Sacks48]

I think we hover around 1-1.1 until the market sees how they arrange the remainder of the financing. Once financing is satisfactorily done then we should be at 30-40 npv as a whole value. That of course if the market does deteriorate further.

[Y93H1979]

Market sentiment has so much to do with the SP of jr mining co's at the moment. I keep an eye on Artemis, who are now fully funded and permitted with quotes in place. Their SP was cut in half from top to bottom, much like GENMs. Instos and management hold 87% or the artemis float, so no guessing where the 50% decline in SP came from, but eye opening to think such a low colume in a small number

[Rainyday]

I agree with this post. The expectation that permits will be granted is getting priced in already. Financing and Capex are major issues - and, while I have confidence they will be handled well by management, progress on those fronts will be required for a major move upwards in the share price.

[Specific]

i'm guessing .90 ish by month end they have talked about financing for several months....done deal imo with minimal dilution they paid $12m for the sag and ball mill.  i think the fs projection was over $80m they are leasing the valard 260 person camp in marathon that is run by BN saving money all over there is a contingency built into the fs...not sure how much and spot pd and cu

[AGTCTTWW]

Our $1.40 predictions are aligned, Specifc. If we see a dollar or close to that by Friday, then I might bump up my $1.40 call a bit.

[yureja22]

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