Agree with all the points. As I said earlier too, I also believe it is undervalued. It’s just that it’s hard to know how much it can go up given the uncertainties. There are two risks - iron ore price crash and some legal/policy judgment (like it happened with Donimalai). But I think the chances are somewhat remote for either. So yes, certainly worth investing in. I am invested myself. But it’s also been a good lesson for me to take most profits off the table on PSUs when they go up a lot. In hindsight, I should probably have sold off completely (sold partially) when it ran up to 190-200, and then got back in when it went down to 110 levels.
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