not exactly I held for multiple years and come back to see whats going on time to time. Investors like me have lost patience - most are frustrated with delays, slow progress, constant deadlines being missed, even the ones that are hit are hit on the last possible day. Cost of capital & debt is now against management. By the time (if) they get producing and selling how much further will this be diluted and what will be the share price on that date.
The reason this is retracing is the same as with all the announcements, while management are "ticking boxes" it was done at the last possible day. If we take history as a lesson and apply the same "progress" to the rest of the project......when will they get this up??
Investors stop caring about "ticketing Boxes" if the share price remains stagnant- I've heard this for 4 years.
NRZ Price at posting:
17.8¢ Sentiment: Sell Disclosure: Not Held
