Haha! Lets just say that I have a good sized parcel of shares...

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deb_001

30 Posts.

23/03/17

11:45

Post #: 23569230
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Originally posted by olympian ↑

The RARE thing we have here Deb is its minute share cap viz 99 million shares
And half are in a very few corporate hands owed 20 cps
So at 10c they are only valued at 10 mill bucks
At 25c they would only be valued at 25 mill bucks
The KEY here is to keep it tight, no need to issue more shares unless minimal and strategic.
Its the long term faithful that need be rewarded and plenty of meat left on the bone for newbies if they are quick.
And there should be no need to issue more shares if the cash payment schedule is adhered to.
Sooooo if say they say, later earn 15 mill bucks pa from their 25 pct share of a SMALL initial producer, a PER 10 could place them at 150 c share price.
And WOTIF we catch a Prominent Hill kinda discovery at the elephant wildcats coming up ...... 500 mill MC would place them at 5 bucks sp .... another SIR ?
A truly Olympian stock.
I have been a lot more patient than you with this one Deb with accumulation starting from 3 years ago.
Happy to try my patience a little longer for them kinda mid term realities?
150 - 500 cps probable to possible ???
I hadn't realized that the Canadian vehicle to hold the 75 pct equity had risen x 30 in the past year.
The Canadians should have no probs raising 25 mill bucks using their higher market cap if they can show their shareholders what a tin producer in Oz could return.
Win - win for all
Just need to confirm that initial JORC resource to get the ball really rolling here.
And then we have the golden dreams coming up too ......... deadlines irrelevant now.
OWEP
(Opinion with extreme prejudice)

Starting to behave we are in a third of a third .... 7.5+ PP breakout should launch it

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Haha! Lets just say that I have a good sized parcel of shares purchased at what looks like a very low average price, even now. If they reach 26c I would be very pleased with my investment. As for anything else, we will just have to wait and see.

TMZ Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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Haha! Lets just say that I have a good sized parcel of shares...

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Haha! Lets just say that I have a good sized parcel of shares...

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To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

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Power gets set for 1000-metre maiden drilling program in Brazil

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