No the real cool heads are those that see the long term fundamentals with an extraordinary iron ore resource which will be produced at a low cost margin. I accept this may be a long term investment.
But luckily for me, I can afford to stay in for the long term and will reap the rewards.
The only ones I feel sorry for, are those who have over stretched their finances and have to sell before the fruition of this project.
Good luck to all holders........this will be painfu,l at times as was FMG in its early stages as noone, yes noone thought Twiggy could take on BHP and RIO.
And at this stage I can see that noone thinks SDL can take on BHP, RIO and FMG, but the Chinese can (given their recent investment through Hanlong)..........and so do I.
Am in for long term............meaning 4 - 5 years and am expecting at least a $4 - $5 per share reward.
As many have said..........patience will be rewarded.
where will the new low be?, page-145
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