Charlotte's Fund4 Oct 2020 01:12
Hi Guys n Gals
I dont post much on this board, but I am in for the long haul, me n the Mrs are having our first baby, a baby girl, due on Halloween lol, ofc with our genes she will be a nightmare ( she woukd of been called Freddie is it was a boy lol ) once she is born I want to open a kids share isa and start building a position here for her, if HZM lasts 18 years without being bought by Teck then I'm hoping she will have enough to be quite comfortably going into the big outside ( plus its a good strategy to get em out the door lol ) HZM was had a glorious journey so far, I have watched thos baby grow since the start, when I was a much less educated investor, for some reason the boss here is very well liked by the Majors and always has been, Glencore and Teck will help guide this baby to fruition, timing seems flawless for the next cycle of growth and demand for what we have will be in a deficit, only helping to propel valuations higher in the long term, I never thought she would get the money but here we are, another master stroke, again this time bringing in Orion influence no doubt.
While we are still 100 mil short, having orion already on board for a royalty, I have to wonder how much eyeballing they have done for the royalty for Vermelho, I mean it would make sense for them, then we have the offtakes as well, Glencore will be all over this, this is what they do after all.
Overall I feel very comfortable with this one, this and EUA are my only longs, once EUA is over I will double my holding here.
This will be the first share holding for Charlotte's Fund, shes either gonna hate me if it goes tits up or love me if it makes her life comfortable, we will see in 18 years time I guess
Were in for the long haul good luck to all