RE: Hugely positive9 Mar 2021 19:10
My investments are distributed across nine companies at the moment. I'm increasingly of the opinion that as each one comes to generate a reasonable profit, if they do, it actually makes sense to transfer the proceeds into here and end up with at least almost all eggs in one basket. This seems to me to be about as derisked as a share could be. Certainly for one with potential multi bags anyway.
I mean, what will it be worth two years down the line, as we go into double or even triple level production and have an inexhaustible supply of battery and EV manufacturers on our doorstep who will take everything we can produce? 1.5 billion? (Thereby valuing the entire mine at about 3 billion...) There's our ten bagger. And yet the value could be higher.