Hey mate I don't think @2ic is trying break your belief. I think all he's doing is laying down some facts about supply, demand and how it will be affected down the line due to these other huge players.
I did recognise that initially and I also did recognise that garnet is a very niche market with a technological moat that centres around it's natural hardness and availability in a natural state.
Despite that, the key reason I sold off and that @LD99 does not also seem to understand, is that with the numbers presented in the SS as well what has just been discussed, add in the interest rate head winds for good measure, all this boils down to - Ok investment, but nothing to write home about.
will you make money on this, I personally think you will. If I had $200k to invest in say Strandline or Base Resources vs HVY where would I put it - the answer is a resounding 'in the former two options'.
It's a game of relativity in the end, really it is.
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1 | 19397 | 0.078 |
1 | 100000 | 0.077 |
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1 | 20000 | 0.074 |
Price($) | Vol. | No. |
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0.087 | 33256 | 1 |
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