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10:44
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Originally posted by SpiderMcGlurk
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Well I can tell you PKN that your conclusion is wrong my average price is in the low 60s, no surprises you being wrong and getting 10 thumbs up from the crowd here eh. So you tell me after holding for 8 years should I be happy with a ten percent profit after listening to the claims of impending riches from so many on this thread over and over and over again only to be disapointed when the sp does nothing? FARK NO PKN i am not happy, this has taken far too long and to tell you the truth I see no imminent signs of a rerate, yeah we might make it back into the low 80s if this announcement is good, but we were in the low 80s 3-4 months ago before ruane killed things with a placement. Ruane still hasn't worked out that what the market wants to see is rapid progress not penny pinching, remember it was the penny pinching that led to the 3 year NT breakdown and the glacial drilling performance, I can tell you i shuddered when I read he had bought another machine to build the evap ponds in the last quarterly. What the market does not want is Mick Ruane taking this to production.
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Heres a stock tip, Spider; Sell your RWD stake, take your 10% windfall profits and invest in a blue-chip like...errr...BHP. Then you wouldn't have to expend all that emotional and intellectual energy whinging. Tou woul'd be a much happier and less angry person. Your welcome.
