RE: Reality30 Jan 2018 16:49
I don't think anyone denies that the Plant at Hemerdon, will in time,
with the rise in the price of Tungsten and other metal's, have a
profitable future.
However it looks likely that the project will need refinancing.
If you are extremely wealthy and have the contacts, no doubt in
such an event you will be able to average down and a few
years down the line make an absolute fortune.
If you are like me, in this situation I would find my investment
worthless, a fraction of a penny at best.
I am fortunate not to hold, if it's any consolation I have lost
on many other investments.
I watch as at some point in the future I might invest, certainly not
now.
You may say i am missing a golden opportunity, I disagree, as i
believe the risk to great right now.