Fair enough. My comment was on Morgan's note. I'm not trying to change your mind. Totally valid perspective.
I'm not under any illusions that the company has had a bad run either. Just think that it's easy to be discount the positives and potential upside when you've ridden it down.
My time horizon is till they pour first ore at McPs and then I'll re-assess. In the meantime I try to differentiate between signal and noise. A wall collapse increases costs to clean up but doesn't change the fundamentals of the company. There's a note to that effect in the Guidance update "not a permanent reset of its cost base". This qualifies as noise to me, not signal. Any over reaction then becomes a buying opportunity.
Each to their own though. GLTAH. DYOR.
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