Ann: Minbos Secures Site For Capanda Green Ammonia Project, page-40

It doesn't benefit investors' confidence when Lindsay announced something, disappeared, and the gap between events are not trivial.

Nobody expected the company to finish the GA PFS in a few months. But just a god damn estimation of when it is supposed to complete (not even beginning yet) is just so elusive.

What happens very clearly now is that the markets expect Lindsay to deliver late on all his promises, so most retail participants feel like they have plenty of time to just simply wait to see how the value slowly comes together and no sense of urgency to pick up the shares before it irretrievably goes up. Why buy now versus buying after funding for phosphate is done or after DFS for GA is done (given that DFS might take another 2 years or so with this pace)?