RE: Reasons to be cheerful. Pt15 May 2021 14:09
@Zoros.
Great post. Deserves all the recommends it's got.
It's nice to see some reality from a known & well researched person. The comments that, given what's been officially told (Equiv 4.2 Moz etc), then current SP (20p) is about right is very refreshing. No one of course is arguing further published data can not well move this right up, and all us holders LTH or newbies hope that's true in time of course.
Not at all looking for debate. But only slight criticism of your post would be; is that with hindsight or did you know this in late 2020...?
E.G. if as this climbed on and on past 20 rapidly to 22, 24, 28, 30, 32, 35 to 38. I am sure alot of those that bought in at the top prices, and are now unhappy, would really have been obliged to know that 20 odd was all it warranted on published data at the time?
As said that was a great and realistic post. But that bit will stick in some peoples throats.... if IF ... known fair value was appreciated during the over buying ramp up, but was not communicated.
If it was put out, and people ignored it, that's a different story of course. In which case fair play to you.
Cheers.