MOE 1.76% $5.21 moelis australia limited

things are looking up, page-5

  1. 223 Posts.
    Cheers Doubleuj,

    Completely agree that without the sovereign risk (ie. if op in Aust) the quality of the resource would make for a massive market cap. I bought into this a few years ago on the thoughts that the Congo was moving forwards, now I hope the Govt doesnt make some backward steps.. Would make no sense IMO as it would deter international investment in the Congo.
    Storm, if as you say its a heads and tails call, I will take that, 50% chance of losing what got, 50% chance of upside well over making double my money (IMO). As I've said before, I'm a gambling man and will take those odds. Also as I said I have faith in the board Moto have built to get us over the line, and IMO the odds of a +ve outcome are greater than your 50%.
    I may find myself eating my words later, but I dont care. Until something happens either way, ie. we see some evidence of result i think we should save it..
 
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