Research and buy the right companies, have patience and your portfolio can do amazing things
I now hold the view:
Start with a crystal ball and think about where a company will be in 3-5 years. Do the work to come up with assumptions that support speculation on future production and cashflow ( for mining companies guesstimates on size of resource, life of mine, how many years for studies, how much dilution ). If this is too hard, find other companies to invest in - historic drill results, historic JORCs, exploration targets are a good start.
- 4-8 speculative growth holdings
- good-sized positions in each (big enough that each could be life-changing if they 5-10 bag, although also look for companies with greater potential)
- have the patience for management to execute their strategy ( be prepared for multi-year holds - periods like 3+, 5+, 10+ years)
Have done this very effectively for ADN and NVA.
For Biotechs it is working out size of market or peer comparisons and how much time and importantly probability to achieve a value inflection point.
- Forums
- ASX - By Stock
- MEP
- MEP or ADN
MEP or ADN, page-343
-
- There are more pages in this discussion • 1,120 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online