I havent sold a unit in ORD and have in fact topped up in the low 4s. Once the IPO is up and running, this will give confidence to the market that Laos is the real deal.
Supplejack is yet to be followed up, and the JORC of 55Moz is actually worth 2c to Ord's SP, basically meaning that the market is valuing Loas at 2c right now. Very funny!
Today's sell down demonstrates panic selling by those thinking CF was the be all, end all for ORD. Very funny once again! CF still has value, it hasn't disappeared, it can still be flogged off to an IPO hopeful.
Still happy holding: (1) Loas (2) SJ are the main drivers for me and the company. Any extra's are just a bonus like many on HC have highlighted.
Patience guys.
Ann: Brief Update , page-28
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