General Chat / Discussion, page-1926

A lot of people taking profits and 'selling the news', but the same high volume of shares were also bought by someone today between 67c and 71c, showing that there's plenty of appetite and optimistic anticipation for what's to come in the next few months.

My final top up was at 5.6c (3.8c average) and I've just been holding through all of this, which is also evident across over 90% of the shareholder base who haven't budged recently. I can't see me wanting to sell this unless there's a major unforeseeable shift in the macro environment or local political nightmare situation. Neither are remotely likely from my perspective and aside from these, there is virtually no risk that the SP will crash as the assets are real and valuable (even if it's not us that ends up pulling it out of the ground) - so the risk for me is sitting on a relatively flat SP and missing other opportunities.

In saying that, IMO the future of this stock is at minimum multiples of where it's at now and the potential is extremely difficult to quantify, but could lead to an early retirement if all of the cards are played at the right time and importantly on time. So I'm happy sitting on this for 18 months and am backing it in my quinella at a current 33% of my portfolio - best of luck to all, don't think we will need too much.