personally, imo, they were never going to make $20Mpa cash flow. at best (@$30/kg) they would just make $10m pa if lucky & only due to the current 0.90 exchange rate
imo, the larger scale is totally necessary. the smaller scale had very limited upside, which is why I sold my options.
I was only holding 10,000 shares yesterday morning, a residue from a trade. my belief in this was close to zip. now holding 60,000 shares
while I am always sceptical about this mob, Iggy is on board, I like the sound of the director Bailey buying $108k in shares on market, since he is an alumina pro.
so I take my chances now & at least believing more strongly than before
(20min delay)