thanks for the advice wallup. Stop losses... I'll have to read...

thanks for the advice wallup. Stop losses... I'll have to read up about those.
but no, I bought a fairly small parcel recently at current levels. I believe there is a chance of short term gains on this one. I dont think 30% from here is unreasonable.
I dont know where you get "no one is saying this is going to a dollar" I've read plenty of posts on here quoting that exact figure. From memory, I think a lot have been saying 40cents within a year and $1 in 2014/15 when they ramp up to 6Mtpa. This company will never produce/export 6Mtpa for a number of reasons (least of all, incompetence of management). But while management are quoting this figure and some investors are factoring it in to their valuations, SP shouldnt go much lower than 17.