Thanks loki for sharing your thoughts. Always a pleasure reading your posts. I think we both exited OGC at roughly the same time upon delay disclosure of COVID infection. I am since skeptical with this management, but still with interest to see how this business progresses.
SBM is also a pain to me. Twice I rode it to peaks of $4 and $3.9 now comes back to nearly no profit again. Congratulation to your KCN play. I should have followed you switching to KCN some months ago when you mentioned it to me. I was thinking SBM continued to have strong FCF so reluctant to let go of it. I want to add more at this price but its rising costs in all 3 mines, particularly with Atlantic makes me hesitating.
By the way, wWhy do you think POG will likely be lower in FY21?
OGC Price at posting:
$2.61 Sentiment: None Disclosure: Not Held
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