I was in 3 Aussie miners including EUC, losing heavily on all of them. When Edleston was announced, I took the hit on the others and put everything in here.
I need 8c to break even on the original EUC investment but 20c to break even on all three. Do you think this is over optimistic? My assumption is 50% chance of 20c six months from now, 75% chance of 12c, which would be better than nothing.
I've learned a hard lesson. That investing in mines requires geological knowledge and understanding, and an understanding of how mining works. I went in as a naive punter and lost my shirt. I won't do it again. In the meantime, I'd just like to get my shirt back if at all possible. But I don't know if 20c is realistic and in what timeframe if it is
I remain in EMH (Li bang in middle of Europe) and EAU:lon (selling their mine). After that I shall leave mines to you experts.
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