So anyone can buy shares now for 15 cents or buy the same shares for 86 cents (or more) after the production decision.
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That is exactly right.
The risk/reward is why I'm still holding a good sized chunk of my original holdings.
There is a real chance of a 5x +upside from here - but make no mistake, this is not a sure thing and thats why the SP is where it is...
Maybe I should qualify that with a "when", surely the mine will eventually be developed - but if it stretches out a decade or more (and we can't keep alive finacially for that long without some serious dilution) the payback for current shareholders will be diminished significantly.
There is great short term reward if this moves ahead - and great long term pain if it drags out.
You can't just look at the upside and forget about the risk. Well, I guess you can, but it wouldn't be too smart?
