Worrying Times18 Mar 2020 00:01
Not long ago I made the analogy that holding Prem was akin to holding a ticket for the 66/1 outsider in the Grand National but only at odds of 10/1.
Not going to pretend to be a smart arse as called this price to be here for non delivery of plant, result of tailings anlaysis and need for dilution NOT for the world changing because of a virus.
However the result is the same and the Grand National analogy is more true, this now has to be pure binary, will the race even happen this year or poof and it's all gone?
So being a silly bar steward never off loaded the 9M when the line fell so for better or worse hopefully see you all on the other side if we're still here in 4 months or so but in the interim so looking forward to not reading the ramping b'**** anymore , we all now know it's life support.
Fingers crossed for any buggers in too deep, the story was good and the company should have been better prepared for the coming months ..... unfortunately many management decisions mitigated the chances of this.