Ann: A$3M Equity Raised for Ohmgebirge Advancement, page-19

The price drop to 5c was a hard pill to swallow coming from the dizzy heights of 25c. This price drop was supported and driven by more than a handful of posters on a HC forum - this was an overall market wide dissatisfaction with the announcements a few months ago.
I disagree somewhat that the expectation around 5 years should have been predictable. All the talk by previous management I think created the illusion that this was going to have a quicker timeline.
However, personally I don't believe it was the time line that was the major draw back at the time, it was the funds that were going to be required to move this project along. After numerous statements indicating that required funds would be in the lower levels, I thinks the final number surprised (and scared off) a number of inverstors.
I have stuck the course and agree that if the financial barriers can be overcome then the fundamentals still look good. BUT it would be unwise for investors to have not considered the funding factor road blocks that have existed over the last few months - and I woud argue at the moment still do exist until greater clarity is provided around this.

It has not surprised me at all that the required funds, longer than expected time frames and macro economic factors have driven this share down and made it a little less attractive over the last few months.