The Brains Trust, page-10617

New PEK Chairman has no industry experience, just an ancient generalist investment banker, makes me think the project is not particularly attractive.

Thinking more about NZL, it really should be listed in UK or Canada. Great project economics, but if the operators are not based here, they won't be able to find investors, and it will be one of those projects that is successful but always trades much less than it's NPV, until in five years time there is a technical glitch while they upgrade to an SX-EW plant and it goes broke.

Probably better for me just to trade what the no-idea-SMSFs like and stop analysing stocks. TAR was a great trade from 22c to 29c, I think I will wait for that one to pull back a bit more.

I'm pissed I missed ARL. Close but no cigar. I would have been out early anyway, sigh.