DMN 0.00% 0.1¢ datamotion asia pacific limited

Until something valuable comes out of the ground, I wouldn't...

  1. 1,047 Posts.
    Until something valuable comes out of the ground, I wouldn't hold my breath for SP to go over 1c.

    Then, the grade of the find will have a big impact on its eventual trajectory, but even with an *excellent* find the coming months won't see it go over 2-5c ... serious money will be waiting for serious proven producable quantities.

    *IF* what they find is as good as what LYC has (which in my mind is still a big if), then it may eventually go to $1+, but for that we're probably talking in terms of more than a year off in the future to get to a production level that would warrant that kind of SP.

    A lot is possible here... and there may be all kinds of excitement, but the height the SP could reach is very much proportional to how long it's going to take to get there.
 
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