/biz/ - Business & Finance

>>55809080

It'll just pick up from here at an increasing pace, we'll be at +$2 in no time or even in the ATH region.
Can't wait for the FS to drop. It'll lay a nice foundation and we'll soon see what the valuation potential here is and I bet even that'll be conservative at something like 4 million tons a year instead of 6-8, leaving a lot of room for big speculation.
I bet it'll be around 1.5-2 bil valuation and then you throw in the TPR deal and it's looking pretty damn good.
Add in this CEO to the picture and the whole thing is about as derisked as it gets. We'll be looking at an easy ~15x
With really good luck we'll see the general markets take a gargantuan shit along with PMs and we'll be able to rotate that money in there.

It's also great that the CEO has contract based on milestones, if he doesn't hit them he doesn't get money which is one hell of an incentive to be active and push aggressively.
And if there's a shitton of them like he says, it means we'll get a steady stream of news which is a nice change of pace from this damn silence we've experienced so far with this project.
I think that the best thing about this new guy is the connections he has due to his long involvement everywhere in the mining sector.
Like Rowland says:
>He's a fourth-generation underground miner who has been involved in one way or another with just about every underground mine in Canada
Getting the money to finance this should be easy and he might not even have to go to the banks.
Time to put our feet up and enjoy the WAGMI ride.

>>53505562

Yes this could very realistically do 10x from here.
That resource is so big even if they scaled this estimate up 10x which is beyond even the highest production estimate, it still wouldn't exhaust it according to current numbers which are only going to get even bigger in the FS.
Who knows, maybe the future buyer thinks about that exact Triple Point possibility and turns half of it into hydrogen storage domes, so they could extract the value faster from it.
Either way it's safe to say this is the most risk free investment currently in the market, which means it's probably going to go up really fucking fast.
If this goes fast enough we'll get a really nice money rotation opportunity to other stocks.