this thing is real, page-3

its bad sentiment.

The fundamental value is theoretically increasing, but the sentiment is worsening.

I know with companies like this (as long as they are fully funded) you can just sit and wait until the market realises whats on offer.

Its getting to a stage where the market cap is the same as the free cash flow of next year.

It not that hard to know when a company is undervalued. It takes a certain kind of stubbornness to trust one's opinion in a bearish market.