Downward pressure on prices and rising start up cost will come together and we will have done our money. Personally I think it was worth the punt and In fact had a large order filled this week at its bottom, in a attempted to average my purchase price down. There is suggestions that even the big players are being hit by those two factors and will be putting expansion in Australia on the back burner especially while start up cost else where look much more appealling and they have full coffers to go looking for resources elsewhere.
These factor are outside any influence the Directors can have.
I'll continue to Hold
TPL Price at posting:
0.7¢ Sentiment: LT Sell Disclosure: Held
