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stark12

12/15/22 11:20 AM

#87676 RE: Demolition Man #87675

DM, unfortunately, that is not what I'm saying. I do think eventually we'll see $40+ (post merger) eventually and I hope it's sooner rather than later. I think it's achievable well before the mine is constructed. I think once we are in production, $100+ is achievable, but there are many uncertainties about how markets might develop and change over the next 5 years--world events, economic upheaval, new technological improvements, etc.
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NorCalTommy

12/15/22 12:22 PM

#87677 RE: Demolition Man #87675

Demo- I hope you have concluded by now that you are going to get as many different 'educated guesses' as the number of people that respond.... nobody really knows, we hear projections that include 'future earnings' and NPV factored into share price post merger (which would be very consequential for SP appreciation).... we hear others saying the SP isn't going to do much until production, and then THAT'S WHERE THE REAL RETURNS COME, lots of theories, lots of guesses......

I find it interesting that for so many years people were waiting with baited breath for that day when financing would come, it was going to be the Holy Grail', the 'Big Day'.... the start of significant SP appreciation........ it's what everyone posted about (i.e., 'The Big F'!!

but now, those same folks have resigned themselves to say that the SP appreciation will come when the mine gets built... those dreams of getting a nice bump upon financing and FS update (with all the latest process updates/CAP/OPEX updates/Quantity of REE's etc....), well, let's not be impatient, the real trigger is the mine in production....please reset expectations if you have been hoping for a bump upon financing news and an 'initial SP reward' on the way to the mine being built.... after all, that was what we were conditioned to believe for many years, until this new Rev. 2 update 4 (SPAC Merger development)......

Oh well, Take heart, be patient....... it's only another 3-4 years until mine production.... comon' man!!


NCT