The outcome was to buy none of them, because they are very speculative and just stick to companies with a proven track record that offers a good margin of safety, and a similarly good upside, like AMI.
I think that's an obvious question BK - the lower the SP the better, so yep! 5 would be even better!
Well actually, I lie. I bought a VERY small position in ANW because I felt the upside could justify the downside.
Is this the ASX's cheapest gold developer?, page-52
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