Artemis was a bet on the pre-production sweet spot (PPSS), with the added advantage of being a large project being advanced by proven mine-builders. The result wasn't the biggest win I've ever seen in a PPSS play, but a solid one. That said, the company ran into delays just before reaching the finish line, so, having taken profits earlier, I went ahead and closed out the trade, even as the company closes in on First Pour. (Note that since I did sell in two tranches, the exit price shown is a weighted average; the actual price when I closed the position was $10.37.)

I'll have a fresh look at this story if the mine delivers as advertised. For now, I'm happy to have booked another PPSS win and I'm looking for my next bet in this space.