Hi RC. Great post. I relate to it. Did the same in the past. Met JM in their old Adelaide residential bungalow office and then their team with JR in the new office - when the mc was $1B - and despite my very strong gut feel that based on what I had seen, this company was def not worth $1B, I did not act. SP had already retreated by c from the 40c highs. Then met the chairman of the board in Sydney - and was very unimpressed. We even discussed me joining an advisory board.
So, despite this, and together with my background as a water engineer, mates with strong eng. experience in mines, contacts into the mgt and finance sector, and my believe into disclosure obligations and oversight by the ASX (Wrong!), I thought I was reasonably well informed.
Yet, I was completely blind sighted by what condition we truly were in - and how much cool aid and hot air JM and the coy were spreading which in fairness, IMO, much of that they believed themselves.
I felt better when I met Bob - until he departed. Yet, again, thinking of previous highs, I did not act following my better self - and am paying the price for it.
So, my question is: What makes you feel that with what you know from the horse's mouth and all your research, that ADN will come good? Or are you like me, and many others here, thinking: Well, I have lost so much real and especially paper money on this, I might as well hold on in the hope of climbing old heights and realising the potential we think is there, but obviously also prepared to loose the lot over it?
What makes you think differently to how things are today re how we got mislead 3-5 years ago?
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