I invested hoping I would see:
1. BB build a mining service company from scratch
2. it operate 3-5 contracts
3. The company acquire and develop 3-5 of its own projects
I Surmised this would take 5-10 year to complete but would also return 10+ bags
we are only a few years in but we are at least half way there. Mines take time to bring into production and commodity prices affect the speed this occurs. They are on a path. Mining services is a success. Derisks the company on a number of fronts
My thesis is well on track. I’m not measuring the companies success on share price, it’s based on how far along the plan they are. I think they are doing a great job
important to have expectations in perspective
Ann: Investor Presentation, page-104
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