RE: Lawrence is a wretch15 Apr 2022 20:09
@strummer I can understand why you have chosen to filter a couple of individual posters on this board. Personally, I have chosen not to, as I kind of like the balance! My baseline assumption is that everyone is entitled to their own point of view, and these boards allow people to express it. I am perfectly entitled to ignore them though, whether through automated filtering or using my onboard meat computer!
Even amid some of the extremes there have been some interesting nuggets - and as I mentioned earlier, these posters have spurred me on to do more research of my own.
My view since 2017 has always been that the value of the commodity in the ground was not in doubt - although whether HZM would exist independently long enough to extract it was. I am aware that the financing package was not to everyone's liking - but ultimately that value will only be realised if someone extracts the resource and sells it for money! So maybe the deal was necessary in order to make that happen - none of us were present in the negotiations and so we don't know what the pressures and trade-offs were.
Even with close to 4 billion shares, even A1 makes a reasonably decent return for me, based on my average. Assuming A2 gets built the numbers start to look really good, and that is still not ascribing any value to Vermelho or Serra do Tapa.
I am comfortable with my holding (although a higher % of my portfolio than would be deemed prudent by risk management), and there is a distinct possibility of life-changing levels of return for me.
My opinion, and I alone am responsible for my investment choices. I would never attempt to blame or credit anyone else for my losses or gains.
Good luck to all holders - it does feel like we are at the start of a journey to realising the value, and at the start of the upward curve of the Lassonde chart.
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