successful arruwurra drilling results, page-21

Bear market or not, it's a real basic thing.

Be happy with the price you pay on the day, and be prepared to hold until the production starts.

Because bear market or not, in 2 years or so, the sp wont be where it is now.

So even if it does manage to fall back, or gain, doesn't change the picture if you're long.

I think the bear market will be over by then, but the very worst case scenario, that we are still in one then, most unlikely, when those earnings start rolling in, no way can any company remain capitolised where mak is at present.

So, it's really just a waiting game.

It will come a time, when closing in on that production that no-one will sell, and that can only mean a massive rally into earnings.

cheers