I agree with some of your points re enthusiasm might be over hyped but disagree with a couple things.
1. only 1/3 financed - for where the company is at getting equity in place is a major positive. debt financing won't be too difficult now. 2. share price risen only due to sentiment. I think the tie up with ALCOA is another very big positive that led to the price increase.
re trace from 30 c is normal imo given it went up from 6cents and see currently levels as a base before moving up again. bought (well not entirely filled but almost) 100,000 today at 17.5. if goes well will add in these lots but let's see , dipped my toe in as I think they will hit the milestones and secure finding to start construction next year. then we will see $100m + market cap and say $200m + when in production. that's my expectation.
FYI Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
