CCM 3.23% 6.4¢ cadoux limited

Ann: FYI & ALCOA SIGN BINDING JV TERM SHEET FOR FYI HPA PROJECT, page-80

  1. 1,502 Posts.
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    Uncomfortably far too many blind manic acrimonious posters on the FYI thread, spooked me off some time ago - a sure sign of impending undershoot/not meeting expectations.
    Was glad to be out at 81c after last ann and not tempted back in.
    Been involved with this type of drawn out situation before - SP goes nowhere for years. Got the burn scars - painful, I know.
    CRs to come with dilution churn churn churn.
    Seriously expensive opportunity costs to hold past this point, so please think carefully.
    For me it would be time to own the pain and cut losses - there are still many good prospects to recover positions out there in green energy/lithium speccie-land atm,
    I used my stake from selling FYI to buy small parcels of CXO, A8G, PAM, KNI - this is just an example of what's out there and definitely NOT a recommendation. For sure there are better prospects than these - hey, let me know what you find,
    thanks and good luck.
 
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