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BoZz

6,978 Posts.

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12/09/14

21:52

Post #: 13968694
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Originally posted by strauss ↑

Yeah Val I just can't look at BAU again

buying BAU now that its effectively doubled and removed its huge discount to cash backing would be like me selling all my LMR now and in 3 months being told to take a serious look at it because its now got its coal project and a power supply deal and has a great future but is trading at 9c I just couldn't do it no matter how good the story was I'd be too stung mentally if you know what I mean

Bozz LNG didn't come from 0.3c though its lows were 12c I think so buying LNG at 63c which was still a gutsy move would have been like buying PSY at 1.5c-2c

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True mate, but I think with it's recent support it has another 100% gain in it LT easy. But, as a disclaimer, I've been engaged 7 times and thought they'd go forward too.
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