Thanks JC, you have expressed what I am feeling! It's clearly apparent I'm bitter and twisted re: MLX and have been in the stock far too long - now 4-5 years, primarily via WGR and AAG.
Correct, what has happened with Rover over the last 2 years. Far out, WGR was explorer of the year 3 or 4 years ago on the back of Rover. What has happened since!? Is Andy Beckwith still on board? Who would know!
My biggest fear has always been a mis-guided focus, one on acquisition/s and not development. All good in a rising market that rises forever, but we all know that never happens! Just ask Wayne and Julia ...
Being preoccupied by the side-show and not the main game, therefore, has been a significant distraction imo. We now stand to be seriously caught out by negative sentiment that could prevail for sometime, not to mention a depreciating POG (gold could well have had its time and is looking particularly vulnerable).
Despite my views, however, I will remain invested (in too deep to give up at this point in time). The fundamentals speak for themselves. The investment in Tasmania alone is worth a serious sum of money. Let's hope that Cooky and Co can generate some short to medium term interest in the stock representative of the good assets at their disposal - or development for that matter. There is an incredible amount to leverage off here!
MLX Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
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