dont get me wrong, i still like he prospects, I was holding something like 15% of my entire portfolio in this company. I also dont use stop/losses, thus I NEED to mitigate risk whenever I get even the slightest bit worried about fundamentals of the company
I still hold 10% of my portfolio in this company. But now if something does go 'worse than expected' I can happily cop it on the chin and move on.
JORC upgrade not much of a concern as the good drilling results werent included. My major concern atm would be that the DFS is being delayed because costs seem to be blowing out. Or engineering planned models isnt making economical sense. I dont think this is the case, but if I have the slightest concern, I lower my holding as risk management.
IBG Price at posting:
28.0¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)