Thanks megavar. I appreciate the input. But, sadly, I still have no idea if the valuable, sexy, water beast is 'good value'. It 'feels' like it is... or should be... or can be....
But, it would sure be nice to have the thoughts of the GNX management. Surely they have some numbers. But perhaps the numbers are not so good, since they dont publish. This is almost like a gold mine borrowing 500 mil because they know there is gold in the dirt. But really dont know how much and dont know how much money it will cost to dig out and process.
Now, I can 'guess' with the funding 'ticked' there must be some positives. But maybe the govt is just funding for political and not financial reasons. If I was running for NthQLD parliament, I will invest as a 'show of faith'. As I said, this project is sexy as hell. I just stare at the water filled top and bottom pits.
DYOR.... ha, ha... with no data. That is easy.
GNX Price at posting:
28.0¢ Sentiment: None Disclosure: Not Held
