"Fools territory, and retail sucker action abounds; not the same thing. Now I maintain this mindset is valid because we do know, and cheap-shots about it are unreasonable."... not sure if you are saying buying STA since 10 July, Noosa and Shaws Buy report is fools territory, and retail sucker action? No cheap shots from me, simply making the obvious point your situation and opportunities are very different from us mug punters "visit again in the coming months and have a chat about future opportunities"... to be cheeky without meaning any offence, you may well be called a 'smug punter' lol.
That's what I'm trying to work out, come to the conclusion it's a bit of both. trying to pick the 'value' bottom of commissioning issues is partly a foolish, because one never knows how bad it is, but if you never look for opportunities to "buy when others are fearful" then you'll never make a dollar. Of course, if one only held a few shares for giggles, one would be all very jovial and positive about events and the opportunity to "buy when others are fearful" right....
So no hissy-fit from you tells us all you aren;t that long and not bothered with the losses. No problem, well played, winners are grinners, losers chuck hissy-fits and those who dodged a bullet are generally smugly philosophical or I told you so (and you did tell us so). In fact, given your knowledge and contacts etc, would have been a bit embarrassing if you got caught as long like me and felt the need to join team hissy-fit. Appreciate your positive contributions and all, maybe let the losers review and grieve in their own way without your cheap shots.
In the mean time, you are quite correct that after the hissy-fits are done, we turn our attention to the risk-reward situation 18c has presented the broker clients and retail to average down up to $30k each. Is 18c a too cheap to refuse CR brokers demanded and were given time to sell down to? How long until the DMU's and other plant take to materially improve, then hit nameplate or won't they ever hit nameplate capacity? How high risk is the either production or economic margin failure? That's what I'm trying to work out by working through history, the geology and peers that went through similar issues, or no issues on similar deposits.
I can almost guarantee you it won't be a euphoric share price lift with "thank goodness they sorted it"... that's too optimistic even for you .
GLTAH
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