Naturally this forum has descended into a cesspool of blame, "I told you so's" and my personal fave - "thank god I sold in the teens". Time to take responsibility for ones investment choices.
Like many on here I'm not totally happy with the handling of this, personally I feel as if too much emphasis was put on the SS. Of course we don't want a half baked study but I think we should've also realised that SS is a very early prelim study - the majority of optimisation could've been completed for PFS. Get something concrete out for the market to chew on then add value as time goes on.
I'm not sure why specific posters are being crucified when all they do is add their opinion, it's your responsibility to make decisions based off your own research.
A lot of work has gone into this and for that BB deserves credit, however it would've been prudent damage control for him to release a statement this morning specifically outlining the conditions which we are hostage to. Market doesn't like uncertainty and addressing this would've mitigated todays pain (even though it was specifically mentioned in the study, market has a tendency to miss details like that).
Savvy players are buying today - you can now purchase one of the most promising cobalt projects on the ASX for ~$55mil cap. Whilst most on here are banging on like headless chooks with no ability to look further than 24hours ahead, there is still a very bright future here.
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