“but we must be here for different reasons I guess”
I’m here to make considerable returns on an investment into a very promising company. Simple really!
Been accumulating since 2.x cents back in 2016.
Identified an opportunity that suited my risk profile and backed my research. Glad I did.
“from all time high back to todays sp, is that a good feeling is it”
The fluctuations are all part of the journey.
I’m confident that if I tried to time the ups and downs and ST trade accordingly, I’d be worse off. Competing with the BEOT in that game is not for me, with so much at stake, tax liability etc.
Big-dollar movement is just part of it - Up and down.
I’ve had many days where my portfolio is up (or down) hundreds of thousands of dollars; that’s not to brag - that’s certainly small fry to some people - but just to highlight a point that imo many couldn’t really handle that as they would get greedy and lock in “amazing” profits or panic and sell … without a robust plan or conviction for a longer-term endgame.
There’s a very interesting article written by Marcus Padley: How I cheated myself out of $17m on the sharemarket
Worth reading; just google it.
It’s oh so tempting to lock in 100% profit or $20k for a holiday.
I’m not here for 100% or 20k profit….or 200k, or even 2 million. If I was I’d have sold already.
The sp dropping about 20c from circa 80c is “serious” in simple $ terms for anyone with a large-ish holding, sure, but imo not in the bigger picture - for my expectations, my risk profile, and my investment horizon.
Over the years, as the company has derisked I have accumulated more shares. Glad I did.
Anyway, that’s just my journey, and so far it’s going essentially to plan.
Everyone will have a different “plan”!
As long as progress continues, I sleep well.
Imo the main hurdles are now behind us.
We are moving towards some big milestones that imo will unlock more value.
As far as technical derisking wrt securing funding for +10ktpa goes, I don’t think that anyone could seriously claim that ANY of the other juniors are in a better position… lab samples etc are a far FAR cry from on operational commercial plant, which we are about to realise. THAT is a good feeling; and the sp and wealth will follow, imo.
Not advice
Imo
Dyor
Good luck
AGY Price at posting:
60.5¢ Sentiment: Buy Disclosure: Held
