General Neometals related news, page-3813

"Well, Chris has said lot of promotional stuff along the way but here we are."

Yeah, and that is a fair enough criticism, a lot of things have been said and announced, and here we are at a level that is the same as June 2021, and an almost 90% fall in share price.

But "what Chris said" and "market forces" are very different things. The market, missed timelines and a lack of cash in the bank brought us down to this level, but they are the same things that will take us to new heights.

It is easy to be down when everything is down. I'm also very frustrated about the amount I am currently down with this investment, especially when I consider I could have had almost double the shares I have now. I am sure others are in a similar or worse position, and so long as I don't need to sell for emergency funds, then I will to hold until the SP rebounds or there is a major negative event that causes me to lose all faith in the business.

The Mercedes Hub PO should be announced soon, and whilst that is not going to take the pressure off financially, it will change things in terms of legitimacy of our tech and processes. It's all good and well for things to work in a lab, but a production plant for a commercial client who is arguably the premier car brand in the world is significant.

Other companies have been and will continue to be looking at our tech. We meet or exceed all of the EU recovery regulations - "regulations", not "recommendations", in which we deliver some of the lowest costs at what I would assume is a relatively fixed cost for a somewhat nominal royalty.

The RISAB funding and equity deal should be finalised in the next few weeks, and that has the potential to take the financial pressure off depending on how much of "the project" (not the technology or IP) the company decides to sell.

The revised Bondalti (Lifthium??) MOU should be announced shortly also. This for me is really something I wish the company would have worked on to expedite given the ramp up issues a lot of smaller lithium hopefuls are having.

And I think "the sleeping giant" that is Barrambie, has gone back to bed.

Shorts have somewhat levelled out based on Shortman, but that doesn't mean the price can't drop further.

It's a rock and a hard place.

Sell and realises losses in the hope of making (and not losing) money elsewhere.

Hold and wait it out.

Average down because of all of the reasons you invested here in the first place.

I'm holding, but as soon as we get a few wins that provide a sustainable, cashflow positive base, I will be looking to average down from my average.