Just finished discussing the timing of MAk exit, something I would normally never discuss with anyone other than the missus but..anyone keeping an eye on the calender? - its March already!, seemed like the idea of staying with Mak through to production was something to allocate perhaps a fifth of the winnings towards only 6/12 ago but things are still terrible and a crappy 60c exit will be offered soon. Safety says to reduce exposure in this market at every opportunity...but - arn't these guys putting RP on ships in 12 months? March will become April will be August before I know it and then only 6 months to go - what the heck no point bailing then right? New investment strategy - buy a speccy - see it through to production...no! only diehard loonies, top 20 shareholders and the comfortably retired do such a thing right?....and instead of 4-10 years - only spend 12 months doing this - strange market but some serious volatility coming again - let's just ignore it and wait till the ship sails. 40c now will be $4 - $11 then depending on dilution. Its March already.
As for Bon...gravy later, will roll the fifth over for that lol.
AEV Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
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