DrRemington30 Dec 2018 12:39
You make a good point but unfortunately a lot of us have already been sitting back for a few years. Opportunity Cost can cost you dear and in the long run all LTHs tend to breathe their last breath! Years ago the SP was £2 and a lot of progress has since been made. So it's a mystery why the SP isn't at least 50p by now. And if ZIOC is so ridiculously cheap why hasn't it attracted a takeover offer - I'd be happy with £1 which would give me a 10-bagger. In fact, I'm surprised Glencore hasn't offered to buy us out on the cheap as they can afford to take a much longer view than any PI. As GG57 points out, the "resource will be used, it's just a matter of time" but are we talking 2019 or 2029?