Its coming ๐๐
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Analysis mid & short trader 50%~90% for a single stock a year.Check my post every day i post Bullish Stock๐ ATM (MTH)
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MooMamaLlama : the 102M sale of the Mesa project would double their market cap.... nice eye
RampageBull_Nexus OP MooMamaLlama : The company intends to boost the share price as well as their capital at 0.450 but this will boost likely double price with the funds been received last week
MooMamaLlama RampageBull_Nexus OP : ahh yeah I see, it already went from 0.19 to 0.38 in last fortnight, exactly double.
why is mcap only at 81m now, with sp rising?
RampageBull_Nexus OP MooMamaLlama : Its not caused by SP it the Big company investing on a small or medium cap company that have high global mining opportunities that has chance to become another big leading mining company especially in australia. MinRes see the capability of KM1
MooMamaLlama RampageBull_Nexus OP : yes but market cap is still reflected in sp in a public company, and vice versa, unless I'm looking at immediate results not until accounted for, uneven distribution, or even spending on infrastructure to account for it?
RampageBull_Nexus OP MooMamaLlama : The funds are not towards infrastructure as i also believe facilities and infrastructure is already created as for the fund for all other use also already fully funded. This likely funds towards raising share price value from my experience and opinion
MooMamaLlama RampageBull_Nexus OP : yeah it's a bit messy...I called liontown in 2020 when I first started looking into it, so I do understand our mining landscape of JVs and M&As. big mining supports, and can also break, small mining all the time so it's always moving and changing down here.
RampageBull_Nexus OP MooMamaLlama : Yeah true even if they make a discovery any of the mining company won't guarantee the change of their share price, share price also depend of the company intention and policies as well. And global demand as whole and index commodities share price also sometimes can influence the movement. But if it related to consumer some mining company will focuse on long term flows
MooMamaLlama RampageBull_Nexus OP : makes me wonder if GR ever wishes for a public company....but being the richest ain't bad either, with less constraints haha
RampageBull_Nexus OP : Some private company that has big opportunities in their projects sometimes not decided to be registered in ASX or become a public. But its a good thing as a public company have more big chance to attract more customers such as mining manufacturers producer who rely on minerals globally if company intend to become a big supplier
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