XRF Charts, page-56

TH, I only bought in at about 50 cents, but the only bit of wisdom I ever had must have been put to use, because I have more than I started with (shares that is !) . I don’t necessarily agree about Xrf being cyclical, because it has several strings to its bow. sales, crushing, sales of platinum and the new product (which we don’t know yet how well sales are going). They don’t just sell to ANZ but overseas as well, and I see them as “selling picks and shovels to the miners”. So testing, crushing, sales of both metals and consumables to both Aus and overseas and at the same time adding products like their crushers and ovens………….. and together with the relatively small size of the company, they are kicking fairly major goals…. And as u say are well managed and have had stable management for years ! One of the problems is of course being a Microcap is the effect of a decent sale or purchase order on the SP. look at today ! I think in todays financial markets, there are too many that like to think of themselves as traders and are not patient enough to grow with their investment. Sure, you have to have a stop loss, but if you look at the metrics that I have outlined above, together with the skin in the game by the Directors, all us investors have to do is to let our already admitted dedicated and long term management and Directors get on with the task of successfully running the company and in the meantime, make both us and themselves a “decent return “. I think we already have that, with more to come ! Cheers.