Share price - General Discussion, page-2891

I can think of a few other possibilities. The drop started when the business plan summary was released. That, to me, suggests that the market was expecting more from the company. Offhand, some of the questions that I would have expected to be answered are:

• How are offtake agreements progressing? Knowing that the product has a buyer in train is key.
• What sort of terms are being offered for the finance?
• What will be done with the gangue? In particular, I’ve seen figures suggesting anything between 500 and 800 ppm thorium. That’s above the 1 Bq/g threshold set by the IAEA for materials to be classified as radioactive, and hence needing particular attention.

Too many questions, not enough answers, and it seems like the company is choosing to not answer them. At this stage of the game, that’s concerning. In the absence of at least an indication that they are working on these questions, it’s not surprising that the stock is dropping.