Hi vintage, I've read your posts and all the debate about 2013 vs 2014 production with interest. My time horizon is 2014 to cover both possibilities, and because of the expected recovery in the U market this year. My reasoning was a lot simpler than yours - my experience with small cap stocks, regardless of sector, is most things take longer than you think, so always allow extra time to minimise disappointment :-)
Cheers, Sharks.
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