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GMF tweet:
https://twitter.com/GMF782/status/1489625627367927813/photo/1
'Patience - the calm acceptance that things CAN happen in a different order than the one YOU have in mind.'
Investor impatience is caused by not understanding this. If you have faith in the BOD, what we have and the fundamentals - an investor can ADAPT into accepting this is for the greater good. After all - the BOD are amongst the biggest shareholders' and what is good for them is good for US.
If there is a 'lack of communication' as some claim it is down to the NDA's in place, negotiations are on-going and it would be unwise to show our hand to the interested parties at this stage (think of a game of poker with high stakes) and/or that there is nothing to report as things are being finalised. No need to jump the starter gun.
We have had an influx of news flow in the last two months. Re-read the RNS feed if you are becoming impatient and ADAPT rather than expressing your frustration time and time again on this board which does NO-ONE any good - least of all yourself.
Personally, I am taking advantage of our magnificent galleon being stuck in the 21-22p harbour and adding via FreeTrade in small amounts when I can. Another 2,007 taken off the market this morning.
Rums all round.
Blueintored is more apt.
Part of the transparent FUD squad. Welcome and goodbye. Added another green coffin.
On a side note, I've been using FreeTrade to top-up in small amounts to get round the £10-odd trade fees. At these low numbers I am still getting decent prices. More for the simmering palladium pot.
Ah, another discussion involving the mainstay of every investor 'patience' or rather the lack of it in places.
'The calm acceptance that things can happen in a different order to the one you had in mind.'
Personally, it isn't the order I was hoping for but that is OK. I have accepted that and now use these shenanigans as an opportunity to add more potential wealth to my portfolio when I can. It is the fundamentals that haven't changed - in fact, they keep getting better and better.
This is what the astute PI's and II's are doing. Ignore the noise from the FUD squad and remember these hedges by people and institutions with much more money than the average PI are small compared to their long positions.
The calibre of DLA Piper, UBS, WAI, et al along with our BOD reinforce my assurance that we are in the best hands.
Big, complex deals take a little time but we are on the home straight. The wait will be worth it, fellow shipmates'.
Cursum manere.
In agreement with you, Saxon. MM's been waiting for a chance to get some tickets off weaker hands.
Made a small top-up this morning and will do so again later this week if they price is stuck where it is.
A small blip in the grand scheme of things. Every cloud and all that :)
Excellent article by GMF:
https://research.powerof78.com/post/nickel-increasing-in-value-wardell-and-nkt-revisited-12247929?pid=1331674079#post1331674079
A potential IRR of 50% is absolutely staggering.