At the time you came in RDR was exploring with a view of exploiting the mines themselves.
This almost sunk the company and they had to write-off the vast majority of their assets (exploration costs) because they didn't pan out (i think they were mainly Iron and Gold at the time).
The lithium project you bought upon actually panned out extremely well
I am sorry that you are still in the red but the company's turnaroundsince 2015 has been nothing short of fantastic.
The big question is how do you feel about the company? If you dislike it so much or distrust it, why don't you sell? If you want to increase your chances of making money, why not buy more to lower your average?
Good luck to you
NMT Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held
