Ann: NBR Iron Project Update, page-412

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FixingInFlight

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18/12/20

18:44

Post #: 49691677
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Originally posted by Lachietrades: ↑

I bought in at .0026 with the assumption that it was only going higher, using other companies performance in the same industry as a benchmark, I invested with confidence at these levels, I'm not afraid to say I was dead wrong, it seems that I've picked the stock which seems to be stagnant to the current iron market, there's no reciprocal price increases even given how well the iron ore market is producing, we're expecting an announcement any week now regarding recommencement of the site in TAS, hopefully that will bring us up to where we should be trading

Taking into account what we already know about the company, and the current market cap, there's no way this should be trading this low! I neglected those that said this would return to <0.020 just because it didn't seem logically sound given the current sentiment around mining companies at the moment.

I'm not trying to kick up dirt, I'm not trying to say anyone was wrong, I'm just baffled how the share price has dropped to such levels, given the information provided for public consumption by SHH is only good information, and valuable at that, we'd expect to see this trading well above 0.05c

All IMO, it just seems like unrealised potential, which I'm sure isn't far off being realised by the market

Good luck to all and Merry Christmas! Let's hope SHH can give us some preemptive hope before then

Cheers

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And so you know....I'm not a LTH, I got in at 2.8c for 2.5M units

Holding, as wealth creation is a game of patience, you don't get your property validated every minute, so the SP at any point of time isn't a true reflection of its worth, just wait.

I might even average down but I'm not a fan of that.

enjoy your weekend

SHH Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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