NM's dream23 Sep 2020 12:53
I am the first to chastise those who think Solg can and will go it alone. It's not because I think it is an impossible feat, moreso that it will take forever and a day.....and for me time is atleast as precious as money. So this is the basis for my shenanigans. I have constantly said that there is money to be made in this stock (one would have to be naive or a hermit to think otherwise) but I still think and want NM to sell or JV so that the time line will accelerate; I can make a profit and then move on.
HOWEVER, for those hardcore fans of Nm, your loyalty is to be commended and to understand where some of you are coming from, this is a very fullfilling read:
https://equity.guru/2018/07/02/looking-back-2008-fortescue-metals-group-fmg-asx-10-years/
The hurdles Forrest experienced were tenfould what NM has experienced. Debt/infrastructure/timing, were all against him yet he transformed a minnow into becoming a goliath.
I think if NM has the resilience then he 'could' pull this off.
But perhaps a little voice is whispering to him, too: time is more precious than money.............sell! Nick is not getting any younger.
If SOLG goes it 'alone' and achieves half of what fortescue achieved, there could possibly be the makings of a billionaire on this very board, right now in 2030!!!
GLA
Z