Being grumpy will not turn back time - we, l/t holders, were forced to make substantial paper losses, due to market conditions in the past (and silly protesters), but the company prospects are still good and our excellent deposits are growing in value recently, due to "international politics" of major powers, as China may or may not react to tariffs ...so Australian deposits may all be in demand sooner or later and may be developed next... with the help of new major holders/investors from the West? if not unbeatable and optimistic Chinese may come back?
With a bit of luck we may have some cash off iron ore, for development of tin/tungsten etc, etc... and certainly our management is not worse than "your" grossly overpaid bhp/rio, who eg. have made huge blunders, notably buying assets in boom eg for $50 bil. and selling in downturn eg recently for $10 bil)... not mentioning the state of some of their dams - they are not much better than Brazilian ...(where bhp was co-owner)
https://thewest.com.au/business/mining/bhp-sees-extreme-consequences-from-dam-failures-ng-b881224775z
-Four of the extreme-rated dams that BHP operates are in Australia / The two active dams rated as “extreme” are located at BHP’s Olympic Dam and Mount Whaleback mines in Australia/
https://www.abc.net.au/news/2017-08-23/bhp-billion-dollar-shale-oil-blunder/8832698
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- Ann: Gold Coast Investment Showcase Presentation - June 2019
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