RE:Can the whole system implode quickly?Years ago I believed in the potential of this company. Great assets. Also, they had cash flow. I believed in the picture of cash flow financing bringing other properties online, leading to more cash flow. The plan was to use the cash flow from Elder to bring SG online, then other properties. All good. Except much of the operating cash flow went to Hinse, and the cost to transport increasingly marginal ore from Elder to SG became unacceptable.
I care about 1. the return of my investment and 2. a return on my investment. Abcourt may very well turn out to be a fantastic long-term investment. But there is risk - operational and a risk of dilution. I am getting old, my tolerance for risk has gone down, and my interest in investments giving me current cash flow has increased.