Buy and hold26 May 2023 09:34
I do believe now , we are probably at rock bottom, and it could be a decent buy if your willing to hold for 12 months plus and ride the volatility, the assets could be very good in Columbia , everything in Argentina is very slow and lots of red tape , plus the inflation is always rearing its head there , better opportunities in Columbia I don’t know but yes I expect it’s better it is just if MH and co can find those assets to transform us , it’s a punt but at £2 mcap the opportunity is there , like most of aim companies big risks , big rewards that’s why we’re here , if the can basically walk away 5-10% free ride in Argentina, the new owners deep pockets so expect better revenue in the future as they open up the assets where we couldn’t, there is also the untested well ? , echo could make more money by just being a shareholder themselves , gla