Hey mate, first bought in 2020, came across an article by Barry Fitzgerald. Started accumulating aggressively in 22 and ended up in the T20 since I liked the risk-reward (no cap raise), low market cap and management, doesn't get paid eggregiously (which is a lot better than I can say for much of the asx). I honestly bought for Peru even though S32 walked away from that, still think there is something there. Balladonia also turned out to be off interest. I still can't fathom why the focus on Morrissey but maybe S32 knows something I dont.
I am not a geo but I have done well out of miners (and Barry over the years). FYI I also have a very long time horizon i.e. 5 - 10 years. I tend to find honest management's do get rewarded eventually (with a fair bit of luck but I tend to find this is positively correlated to how much you drill).
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