You're right on those counts, but my point is that I've now converted the meaning of patience to equal opportunity cost, and having sold out for a loss, this cost me even more than the red ink.
I do agree on the comms - they were clear on Penikat, but there's definitely been some hurdles. In the meantime, there is little benefit coming to the fore in Rana, at least not from a market cap perspective, hence my decision.
As I say, I'll keep my eye on it, and probably some time next year as Penikat looks like it'll actually go ahead, alongside what I hope will be a turn in the nickel and PGE world, I would be back in. But until macros look better, I'm playing the precious metals game
KRM Price at posting:
3.4¢ Sentiment: Sell Disclosure: Not Held
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