previous share price responses to news, page-12

I don't normally post unless I've got something useful to say, and the useful thing I have to say this time is don't get overexcited. I bought shares at $1.48, $1.71 and $1.82 last year thinking we were heading to the moon, only to discover I was on Apollo 13. I also have my overpriced AIM shares from the old days. What has saved me is I keep buying when the price is stupid low (anyone else own 100,000 9 cent shares?). I just calculated my breakeven is 2 cents away (0.56...go me)and I have a LOT of them.

Anyway, my point is BTR is not a share for the overexcitable, or the impatient, or the weak of will (go Platypus, go BHP). All you newbies who bought in the 20s have a certain 5 bagger and a probable 10 bagger on your hands and I congratulate you on your wisdom or your luck. If experience tells me anything however, it is that you WILL be disappointed at some point in the future. Good news will come out and the price will drop and this board will be full of people wondering why they didn't just get rich. It's that sort of stock. There are lots of challenges ahead. There is still the potential for Glencore to screw us on Perkoa. I worry there could be more cost over-runs that could dilute our holding. There's another world financial crisis coming (there always is) and it's timing will impact BTR one way or another. There are however a lot of very serious upsides which is why I'm still here.

I'd like to see me and Dragone try to squeeze a better deal on 2 Ferrari's one day, but I think that day is several years away. The rollercoaster that is BTR will continue forward, and the people who hold on will have the most fun. Your grip will be tested as will your stomach but no one will be able to take the ride away from you.

I could run with that rollercoaster metaphor forever. Good luck to all, but don't start counting chickens. The road to BTR being fully and fairly valued is a long and winding one.