Even if they do re-rate to some extent in the next little while it will be nothing compared to when it's a fully functional coal producer of quality coking coal. The coal price is depressed at the moment - commodities go up and go down. There will surely be some kind of up during the mining life of this company.
This company proved-up would also be a lovely little takeover play for those actively mining coal in this provence.
You know I have sat in benign stocks for several years only to come away at the end with multi-baggers. When you do the maths at the end, you know, amortize the return, it can work out as a wonderful overall return. Patience can make all the difference.
Your wife is doing what wives do. They like to keep a roof over their head and food on the table.
When you have your little victory, be gracious. My wife is the same. What I like to do when I have a win is buy her something nice and say, Oh, by the way, that came from those shares you nearly stopped me from buying.
I'm staying for the journey with this stock, unless of course something comes from left field.
JAL Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
(20min delay)
