I accept that you have lingering animus to LT and that you have ( IMHO ) an inflated opinion of SLR value pre-merger - both absolute and relative to RED ..... we'll have to agree to disagree on that - but, as Ive painstakingly stated on many occasions, I believe that SLR had major flaws (as did RED), that the market recognised, hence the sell-off, and SLR needed a merger to become a long life company - LT succeeded with Doray but failed with St.Barbara ... so he picked off RED with a deal that both BOD fully endorsed ... to continue to argue the merits of this IMHO is a waste of time - its done, cant be reversed, it is what it is, so lets move ON !
You say you also don't agree with me on VAU - does this mean you don't think VAU is not investment grade despite its long life assets, having the best mill in the Leonora, no debt, having large cash reserves ( equivalent to almost 25% of its MC ) ?? Why do you continue to HOLD ?? I HOLD because I still think VAU will appreciate (all other things being equal) ... I should have traded RED/VAU more but hey ... thats life.
I simply am going to put on IGNORE, Jean and fellow travellers who engage in endless error riddled post mortems, endless picking the scab while never having a informative or useful piece of information or analysis. When have these crazy Cassandra's ever called a top or bottom ..... crickets. All they can do is regurgitate the same old selective "you said this and that" ..... just more spiteful bile quoted out of context.
VAU Price at posting:
33.8¢ Sentiment: Buy Disclosure: Held
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