MOE 1.76% $5.21 moelis australia limited

Cheers Doubleuj,Completely agree that without the sovereign risk...

  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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