I will post on lifestyle stocks which I have owned or investigated ( frequently the back story over 10 years ) is missed unless really deep investigation is done by the punter. Also as a geologist (former) I am amazed by the punters who have no idea about how exploration is carried out or basic geology.
For reference I believe delivering on the Tasmania opportunities is a nice test of management ( one of the most important ingredients for success).
I didn’t buy the stock for this though, I purchased because we are holding potential elephant ground in WA.
Happy to sit back and see how management operates over the next 12 months as commissioning a mine is not a linear equation ( and I won’t judge them on issues outside of their control such as fluctuations in prices etc).
I think we have a good shot at making some money and progress.
cheers,
Andy.
Ann: Venture Books First Shipment - Riley Iron Ore Mine, page-329
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