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20/04/18
00:37
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Originally posted by Tazaus
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As I've said before in the other thread, we now have the perfect climate for SEI to really take off. I dont' care if the DJIA shits itself, because i base my decisions on solid fundamentals!
1. Tensions in the middle least (demand for tungsten through arm sales)
2. New cold war tensions between Russia, China and the US. This will prevent China from off loading all its tungsten onto the market, and preserving current prices.
3. We have a brownfields project, that used to produce tungsten! No speculation, just a reality, it used to produce the goods. A sure bet!
5. We will have a quarry business bringing in revenue from day 1
6. We will be one of the newest producers of Tungsten in the southern hemisphere and western world.
7. We are at a $13M Mcap.
8. We will be in production mode by my estimates by eoy.
9. Fair value for this by the time we start production will be a Mcap of $100M minimum ..... That's 6x from where we are now for an 8 month investment!
10. We have lithium concessions and could potentially be a lithium producers, but that is the sugar on top!
11. Russell is a great CEO and is very much driving change for us! You can tell when he makes mention of not wanting to dilute the stock!!!
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I've been buying this on weakness but the fact is we need numbers m8
Saying we are a 13m market cap is delusional as no doubt dilution will play it's part. That being said the flag has been raised and the trumpets have sounded for fair play (minimal dilution)