Ann: Up to 22% Antimony at Reynolds Range Prospects, page-16

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Buckaroo737

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22/10/24

16:15

Post #: 76245151
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Originally posted by mvc: ↑

I have had a few occasions when I am sitting on a significant unrealised loss, it can be very depressing, especially when i see other opportunities that i cant buy into because my money is tied up in a loss situation.

Some one once said to me:
sell a portion, say 20% of the holding of the stock with the loss position, get some tax back, losses can be applied to other income/wages for tax purposes.
This way I wouldn't feel all the pain in one go and if my stock with losses goes up in the meantime well i would not feel bad about that sale of 20% at a loss
Invest that sale+ tax money into other stocks and hopefully get some gains to make up for the loss.

I think ITM is a good buy, but it could be a while before it gets back to the prices from 2 years ago and in the meantime the opportunity cost of not investing elsewhere could be greater than the actual losses here .

Not giving advice just an opinion that worked for me.

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Get approvals, get drilling and hit some good gold results and this could go back up very quickly, I think it could be a while too though, a 78m intercept has worked wonders for Yandal.

Or of course wait for graphite to come back into flavour.
ITM Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.9¢		Change -0.001(3.33%)		Mkt cap ! $4.954M

Open	High	Low	Value	Volume
2.9¢	2.9¢	2.9¢	$15.06K	519.3K

Buyers (Bids)

No.	Vol.	Price($)
1	8408	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	131349	1

View Market Depth

No.	Vol.	Price($)
1	8408	0.029
5	445766	0.028
5	480615	0.027
6	1400561	0.026
2	220000	0.025

Price($)	Vol.	No.
0.030	131349	1
0.031	100389	2
0.034	280000	1
0.035	3193	1
0.037	11500	1

Last trade - 15.10pm 26/06/2025 (20 minute delay)

ITM (ASX) Chart

Ann: Up to 22% Antimony at Reynolds Range Prospects, page-16

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Ann: Up to 22% Antimony at Reynolds Range Prospects, page-16

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