RE: After waiting nearly 6 million months for drilling to commence16 Jun 2021 23:20
I mentioned the Bugatti Chiron. But depending what you have with 30ks worth of shares and above you can extend your house or in other cases look at a new house, on a successful realisation of assets by the company.
We have to have mental room in our account if this play is not successful as well. That way we can allow Trinidad to come through and Ireland to develop. I am optimistic but I want to sit through the whole show without too much second guessing. Any of the assets realised super speed our accounts.
It is a call play as GRH stated.
Just saw an interview on Youtube with Mohnash Prabai and Steve Forbes. He basically stated the Jesse LIvermore maxim
"It was not my thinking that made my money. It was my sitting. Got it my sitting."
Many people come up with great ideas. The volatility comes and they can't take it. The stock rising scares them they start selling. They have to adjust their parameters and that is naturally uncomfortable for us all.
Have that amount you can sit with and not flinch. The next two years will be volatile. If successful from where we are your account will oscillate wildly . To get the most counter intuitively you have to do the least in action, as Prabai points out.
I am only now starting to sit.
Hitting the trade button is like a relaxant. Makes you feel that you are being proactive, often it is just being reactive to volatility. Keep that amount that you can enjoy the ride the whole way through and leave the roller coaster happy.
You may not have a Chiron like Sef, if we are successful... but you could be riding in considerable style through Life. enjoying the races at Ascot.
Anyway Sef wish you and all the guys the best as we get ready for the ride to really start.