Ann: Mining Licence Update, page-278

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Roller62

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22/07/22

16:30

Post #: 62680420
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Originally posted by welldone: ↑

The Chinese are trying to take it away from you. The regime in the country is corrupt. I have posted on this site a number of times saying beware of the risks. At the end of the day, it comes down to what risk you are prepared to take. The higher the risk, the greater the reward. One day in the future IF things work out then I agree, you will have a substantial reward in SP. There is of course, the flipside, where if things do not go to plan, then you could lose everything. Can I think of better investments? Well if I want really high risk (for good reward if everything turns out right) then probably not. At the moment when the company is in suspension fighting for its rights - just about any company is a better investment. If you read my previous posts, I have already been burned by an investment in a great company that was taken away by a corrupt regime (Philipines). There are Li stocks on the ASX for risks at all levels from exploration to mining. I don't know how long it will be before you have a mine (or even how much of it you will own) but the price of Li it at its peak now. Experts predict that Li prices will remain high for the next couple of years after which they will drop. There are other risks, as the price of Li is high, it encourages research into new technologies. I am not saying that Li will not be needed, I am saying there is risk that it may not be needed. Having said that, I am a strong believer in Li and own stocks in Companies from what I perceive as high, middle and low risk (and I have owned some for many years). Never fall in love with a Company.

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Oh you mean SYA when taking risks!

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Ann: Mining Licence Update, page-278

Top Stories

Immutep reports strong response rate from immunotherapies treating carcinomas

Bitcoin investors need to know the risks

Nimy to raise $1.21M to explore 'newsy' WA targets

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

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Almonty locks in govt agreement for tungsten oxide plant in South Korea

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