CMR 0.00% 15.0¢ compass resources limited

Agree Agent86, am in at this level, overeaction by the market...

  1. 177 Posts.
    Agree Agent86, am in at this level, overeaction by the market and burnt shareholders, overtly irrational sentiment not reflecting in ground value. Will not cost 15b to extract the resources, I assume you were kidding. But jokes aside mngt have been overly optimistic about costs, have seen this before with other successful co’s, while this does hurt s/holders and I understand the frustration of some, this is actually quite a common occurrence for some of the most successful exploration turn production co’s in the last 5-10 years, DYOR. Negative investor sentiment + high IGV still equals high IGV despite what people say. At worst will be T/O target. All just my opinion which I can see goes against most so as always DYOR.

 
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