I am learning so much. Thanks heaps.
With the AU$0.76 to the US$1.00 conversion I was thinking of the Fx of the currencies.
I am not really understanding the Ni $ in pounds bit. When I look at LME ( via Google and maybe that is too simplistic) I get a $ per ton around $high $12000's or lately even low $13000's per ton.
Absolutely can agree that an investment in POS is an opinion on the PON in future years.
Seen so much negative stuff whirled at management on this forum at times that it was making me doubt my reasons for buying POS. Management is ALWAYS the critical key.
Have seen a company I invested in many times over the last 20yrs evolve. Price seemed never to lift above a fraction of a cent. They did a share amalgamation..took the price to $0.06. Then world class management came in, old managers resigned. Same product, same company, share price from $0.06 early 2019 to about $0.80 and upwards today.
Despite losing $100k or so in early days I recognised what was happening, re-entered and have made multiples of that......MANAGEMENT.
Thanks for teaching me team. Am much indebted. .
p.s. Am changing my sentiment to a cautious 'BUY"
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