turnaround, page-42

me too heraclitus, I watched this one like forever.

tempted at various stages but would rather see respectable level of cash in the kitty & convertibles to be cleaned up before entering, and not keen on catching falling knife charts either

BGS PSY was the same last year.

I feel sorry to say this to long term holder, it aint easy watching for SP destruction for them Im sure, but the best level to enter is when rugs have been pulled under SP

and SP has fallen to a level where risk reward has turned around to favor upside movement.

of course there is no guarantee it wont fall further, but its about what the odds are. what the downside risks are from current level.

BGS dropped from 20c to 0.5, could drop more? yes, but cashbacked at 3m cap, about to start major drilling campaign, reasonable punt from 0.5c yes?

PSY dropped from $$ to 0.3c, entire CR full-underwritten by major holder, tiny cap EV, in the middle of tech boom, reasonable punt yes?

MNB is not a clearcut punt as the two above, but charts basing, management change, board restructure, convertible notes converting (note most are held by current management), yet to see the reason, but hopefully these insiders know more than I do.

and if both phosphate projects gone to gutter, this becomes a shell. CPS & Jason Peterson around, we know what they do?