Mid-life Crisis?23 Jun 2019 20:54
Maybe I'm having a mid-life crisis (ok, 2/3 life crisis) and I've got my fundamental analysis completely wrong, but I believe Sirius Minerals has:
A proven ethical product - customers waiting to buy - 100 years worth of reserves - world class engineering/ development work force - state of the art machinery - local political backing - sovereign wealth fund investment - French international banking investment - etc etc...
Surely anyone who might stumble across this for the first time on Monday morning may think that this might be worth a punt from under 14p going forward to 2012-24 or am I missing something?
Informed opinion is that the bonds will be away in the summer, allowing us access to the carousel finance, so why has this board spent all weekend wearing out their keyboards batting away the naysayers?
Just ignore them and look forward to Myosotis updating us on every minute (I couldn't spell minutiae) detail of the build every day once the bonds have been sold in the summer.
Honestly, when I first did my research on this stock in 2012 the hairs on the back of my neck stood on end and I couldn't sleep for 48 hours.
Have I broken the no.1 rule of investing and 'fallen in love' with a share. Not really, it's just in my opinion and after 30 years investment experience, I know when I'm onto a winner.
Is this a blatant ramp or a genuine post - You decide.