i disagree with the premise.
this is a resource growth story. What resource they have today ? what they have in 6 months? what they have in 12 months? How those economics vary then to the suitor. When its in their development horizon, in the medium term, or the long term strategy.
you talk about economics ? at a microcap stock ? before it can further its explorations?, or further acquisitions ? or JV or sell these assets when they become reserves.
You want a fully fledged DFS as a standalone project? saying its all systems go ? before you think there is growth in this stocks market valuation ?
Thats like asking a baby who has just taken its first steps, to compete in a 100 meter race.
I see market capitalization here growing, as others buy in recognizing that there is a speculative probability that they are pursuing resource growth, in the right country, the right state, where coking coal resources are found. You dont think that these deal makers, will continue to purse asset growth ?
Exploration Effort can equal reward, when you hunt in proven regions.
6m mc. SHell priced. and you cant see that there is a proportion of the market, who will buy into the potential growth, and what deal making options they come to. ?
You just keep focused on your opinion to standalone economics of what is in hand today.
that is the wrong premise, IMO and the market may have different ideas.
It doesnt require the whole market, just those who can see the value growth they are perusing.
Nayers will stay away, but Yayers will take an interest, and the sp will do the talking.
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i disagree with the premise. this is a resource growth story....
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