RE:There's a distinct lack of negativitymick1888 wrote: After the release of the new FS.What's up people (you know who you are), does this project not look so gloomy now? This now feels right, with a lot more realism introduced to future predictions. The feel good factor will only increase, especially with the introduction of three new board members ( 2 from Pilling Hurst, one from IQ).... ;-) GLTA
There are 3 camps here Mick.
1) those who bought at $1.00 or $2.00 or even higher....and do NOT have the means to average down. Or perhaps do not want to average down due to increased risk and de-valuation.
2) those who bought at $1.00 or $2.00 and and have the means to average down and somehow manage to break even on this over the next few years.
And 3) those who are taking a complete new position in the stock and may very well end up making some money this play.
Mick, please specify which group it is you are excited about when you post your 'non-gloomy' position. For it still doesn't look for group #1 above, but group #3 might do ok with this. :-)