@ Connex - well said. Good things take time. Flattering and no...

@ Connex - well said. Good things take time. Flattering and no coincidence that shorters are giving us so much attention. Clear as day instos want a bigger piece of the pie at the expense of retail. So many lessons from the past to learn from. A very similar story to FMG you mention, when all those years ago it was one of the most shorted stocks when it was trying to grow into a profit making beast. How did that turn out for those with a long term view compared to the 'shoulda, could, woulda' brigade who sold out too early? I know what side of the ledger I'd prefer to be on when CXO comes of age.

Check out FMG chart from 2005-2008.

-2005-2006 FMG jumped from 0.40 off cents to $1.30 range and bubbled around there for a while.(Similar to 2021/2022 for CXO). Very enjoyable to watch and be a part of!!
-2007 is when FMG really took off $1.50 to $5 despite all the naysaying from many investment banks at the time.
-2023- for CXO the project is further derisked and the fundamentals have never been stronger.

Expect games to be played. It is the making of a good tale to tell the grand kids one day. Lesson: "Time and patience are the greatest warriors" (Tolstoy). DYOR IMO