DMN 0.00% 0.1¢ datamotion asia pacific limited

rare earth : risk vs reward, page-10

  1. 1,047 Posts.
    Maybe so, but 2 years is a long time... the way I look at it, it's plenty of time for the current project to work out if it will... or even long enough for something else to work out if the REE turns out to be economically worthless.

    And even so, a million DMNOC was only $1000, so that's not exactly going to make me lose sleep at night. And if it does end up going to multiple cents a year from now that'll be a nice little bonus. And on the very-long-shot that the REE turn out to be the rare kinds with heavy premiums it could be worth a *lot* of money a year from now. The way I look at it, it's a better gamble than a lottery ticket, even if it could easily turn out to be worth $0 in the end.

    We just need to be a bit careful we don't give the more naive readers of HC the impression that it's almost certain we could be millionaires next year ;) ... because that doesn't only hurt them... it also hurts us if they keep selling down DMN as it struggles trying to climb. Disillusionment could easily poison the SP for months, even long after real results start showing.

    I'd much rather have the SP move up slower while everyone makes a considered decision to get on board, so that the holders are more likely to be the kind to hold firm through intermittent adversity. Because that also limits the amount of panic-selling that the big players could try to induce later on.
 
watchlist Created with Sketch. Add DMN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.