Ann: Kanmantoo Economic Assessment Confirms Outstanding Potential, page-80

John Maynard Keynes once said “The market can remain irrational longer than I can remain solvent”

Without doubt the market creates unusual valuations for companies from time to time. This
creates opportunity for you and me. At the moment the valuation reflects a price which takes a very dim view of HGO’s prospects, at least in my opinion.

It’s a risk of course so it does pay to be cautious. Each person must assess that risk and allocate capital accordingly.

in my view, however, the big risks are covered off now and we have the ability to manage the remaining ones. Just my opinion.