Software engineer turned CPA, turned Harvard MBA, turned value investor, turned to making money in markets in whatever way that WORKS. ๐ฎ๐ฑ๐บ๐ธ
@BetterIRR I wouldnโt say โcash richโ - they would need more cash soon. Hopefully mining sale will provide that.
I would also point to the new board with actual funds appointees as a huge positive.
$LODE I just watched the annual meeting recording and I have to say Iโm pretty bullish!
Some upcoming catalysts are the Mining asset sale expected in Q3, and most importantly we would probably soon (a month or so) receive updates on [1/3]
https://t.co/N7eZYsSq31
$LODE I donโt think they need to dilute again, EVER. They will get $50M from mining soon, and then the SSOF sale. Just a single plant earning $50M/y at a 20x is worth $1B - I think the stock doubles or triples within a year. [3/3]
$LODE the metals facility being completed and starting to work continuously. Eventually (my guess is within a year but could be sooner) we should sell SSOF and receive $200M (maybe more). If they manage it correctly (with the new board members I have much more confidence) [2/3]
@NestBetter@Canadada5@Valuehunte@MicroCapClub That is one approach. My experience is that itโs hard to have more than 10 great ideas, and even if you have more it probably makes sense to concentrate on the best ones.
But hey - everyone has their own approach that works for them.
@NestBetter@Canadada5@Valuehunte@MicroCapClub Youโre probably right - I researched PLAS yesterday. Certainly interesting, but Iโm looking to bet 10% of my portfolio, otherwise the lack of impact isnโt worth my attention. Couldnโt get confident enough yet to pull the trigger.
Israel leads the world in innovation.
Israel leads the world in medicine.
Israel leads the world in cancer research.
But there are some things that Israel is REALLY bad at.
Letโs check out some of those things.
So, Israel sucks atโฆ
@NestBetter@babykswanson I thought it is โup to 50Mโ, no? What is the timeline?
Also they have a lot of cash so the EV doesnโt reflect the share price or the potential upside.
Finally, arenโt they burning cash as we wait?