CEL 3.92% 4.9¢ challenger gold limited

net present value & long term cash flows, page-75

  1. 30,924 Posts.
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    maka, true, but you leave the important bit out of downside scenario no.2. :-)

    You've lost the same amount on the FPOs as the oppies - but you still have the FPOs. With the oppies you are now out of the game.

    I don't want to put anyone off oppies - they can be enormously profitable. But 52 baggers are few and far between. One just needs to be aware of the pitfalls.
 
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