African Miners to increase spending in 2015 survey, page-33

Not true.

It's self evident that if users of this forum had listened to non holders' who have been saying that the shares have been consistently overpriced for years, they would have saved a pile of money.

Why can no current long term holder acknowledge that simple truth ?

Anyway, it's only relevance going forward is as to credibility. Do stale bull long term holders have any ? Clearly not. Do long term bears have any ? Yes, but that doesn't mean we can predict the bottom either. But instinctively, we feel that this will end up even more badly than at present for retail shareholders.

If a well informed newbie can present a credible buy case, let's hear it. But not one based on the "it's gone down so much, it must go up eventually" theory, which they then label "cheap".