I think this quarterly update here is positive. 5 month wait is nothing to the big boys like RSG. It also pays to be holding plays like long term this if you're an aussie as getting that 50% CGT discount is a huge bonus but of course requires you to own stock >1 year. This is a big reason why I see trading in and out as pointless if you know the eventual outcome is going to be a share price that's multiples higher.
Going off the stated time frames I think we'd have another 2-3 months to accumulate IMO before things start moving. Likely will see results from a limited exploration program by then + some confirmation drilling at Nyakafuru. The value proposition here is huge, as is the in ground ounces + exploration upside. Trading under cash... total joke. I know where my wage is going.
MSR Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
