Cheers yes I have seen your comments around that. Rubbish...

Cheers yes I have seen your comments around that. Rubbish management and/or mediocre operations prospering under a rising price might be worth a dip into under very strict self-control but much easier and secure to be confident about the fundamentals. Trouble at the moment is that today's strong fundamentals are tomorrow's inflation-induced problems.

Yes I am aware of BRL. I note Money of Mine guys interviewee yesterday considered them under-rated.

Just to join some dots, BRL in its previous guise if memory serves was helped to be destroyed by Dan Clifford when it was Solid Energy. DC then went on to destroy AMI with the Dargues purchase. I mention that because Dargues and CAI are the only two failures where I was prepared - without in-depth financial and technical skills - to say that smells so much like a crock, that even I am prepared to say categorically it has to be a crock.

None of which relates particularly to the modern iteration of BRL other than knowing the history means one tends to be too sceptical.

And yes @Antipater you are vindicated too in your advice re CAI. Watching it has been a real lesson to me. So many guys absolutely mesmerised and talking up the attempt to re-enliven a cadaver when a moment's reflection should have resulted in a decision to move on. Couple of folks suggested around new year that instead of waking the dead they'd be better off taking on risk by cashing out and investing in a risky (jurisdiction wise) company like WAF. WAF was well under $1 then and now up around 50% and CAI was around 20c.

Anyway, I have made my own blunders so better not get too smart....