BOE SP Target $3.00, page-66

I appreciate reading Company Reports can be tedious and this is why the real experts question the strategies of investors holding a large spread of shares. Catch up with Rick Rule sometime. He say roughly, if you can't stay informed right across a portfolio, cut its size and sort of hints a dozen is fair task. He did say in a piece about PDN over a decade ago; he bought at 10 cents because the story was very sound. It then dropped to 1 cents, so he re-checked the reasons he bought his initial parcel. Nothing had changed. So he bought a lot more at 1 cents. From memory it went on to over $8. I think he was pleased with that second buy, roughly 80,000%. His key take-away was: Nothing Had Changed.
For thos who have a too wide holding, those who are honestly too busy, or the bone lazy, here is a short take.
This is from BOE announcement 31 March 2022:
"Completion of FEED enables Boss to proceed with detailed design to commence immediately after a FID for Honeymoon’s restart is made. FID is expected after completion of the Tranche 2 Placement on or around 5 May 2022, whereupon the company will immediately commence with detailed engineering, procurement and construction works."

Is the date 5 May referring to the finalisation of ASX requirements wrt Tranche 2, or when the FID is expected? Regardless, I can't see this management team stuffing around unnecessarily. IMO predictions of anything like a retrace to $2.15 is just la la land dreaming
News is imminent, a resource upgrade would be a great move.

lemons