Great comments Navy with which i'm in agreement except for the "10 or 20 bagger".
I haven't been in WWI that long but i ask again, what did they have back in 2009 (price 13 c) that they don't have now?
In fact my limited research tells me that (as you suggested) they NOW have some damn good assets with some pretty exciting values which they didn't have 8 years ago.
Then you predicted a sale of assets. But at what value?
Are those assets only worth 3 or 4 mill? 4 mill would give us a 50% of our present MC and put a value of (say) 10 cents on the 456 million shares.
But surely those SA assets are more like 40 mill, or even more, so if they were sold, what does that do to our MC and SP.
I'm thinking 80 mill cap puts the shares at 20 cents. $160 M cap is double.
Yes, long term for sure but worth the wait.
The only serious downside IMO is the quality of the Board but your comment makes me feel happier.
No?
WWI Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
