I think there's a few people on this forum that should take note of your honest, clear-eyed assessment.
If IO was currently at $150 and shipping costs were typical of the last 5 years (as opposed to the rapid escalation we saw in the last year), this company would have been raking in the dough and talking about how we would be rapidly leveraging into Mt Lindsay to take advantage of all-time high tin prices. The SP would easily be north of 20c, probably much more.
And that's with management staying exactly the same.
People simply have no idea how big a part luck plays in this game, and in life in general, for that matter. They lose money, they look for someone to blame...but never themselves, of course!
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