You're right on those counts, but my point is that I've now...

You're right on those counts, but my point is that I've now converted the meaning of patience to equal opportunity cost, and having sold out for a loss, this cost me even more than the red ink.

I do agree on the comms - they were clear on Penikat, but there's definitely been some hurdles. In the meantime, there is little benefit coming to the fore in Rana, at least not from a market cap perspective, hence my decision.

As I say, I'll keep my eye on it, and probably some time next year as Penikat looks like it'll actually go ahead, alongside what I hope will be a turn in the nickel and PGE world, I would be back in. But until macros look better, I'm playing the precious metals game