No loss of faith........12 Mar 2020 14:16
......yet,.......BUT I do have some difficulty , even after 60 years of investing, of understanding the logic of markets and market makers.
PROBABLY , one of the best 5 investments in the globe at the moment, potential exponential
market cap growth to in excess of 1 Billion within the year , buyers 3 to 1 against sellers, a top notch joint venture partner, other major mining majors sitting eagerly on the sidelines, sufficiently isolated to be free of corona virus, in one of the globes most stable economles, sitting on top of already established massive assets of gold and copper , assets that are already expected to grow in size, assets that are revaluing northwards on the global commodity market, adjacent assets that are already in 100% ownership that could well prove to be even larger than Hav., plus other .
assets with possible producing potential on the same continent, a J/V excited CEO who can barely restrain himself in his enthusiasm and expectation of the project, already accelerating his company efforts to max. speed in order to feed his company mills, and rocket his much needed company profits , and every financial broker and journalist waxing lyrical.
And the bad news.....................errrrrrr. OH YES !!!!!!! its probably going to take until July / August ( if PaddyG is to be believed - if not then September ) before the regulatory boffins put their signature to the \MRE.
Pilbara Man must be laughing all the way to bank.
Since I can arrive at no other either wild or logical conclusion, I can only blame Trump and Coronavirus. All very frustrating.
Sign In
Follow the stocks
