Ann: Comet adopts ESG Reporting, page-26

Not taking the piss Flatman, but during Covid times, market participation has increased with many more speculators complaining at losses when they have been gamed into selling out by bigger stakeholders moving into the EV materials sector. Fear is a greater motivator than greed. You get to recognize the same blokes or organizations using different names with only a few posts due to the syntax of their language or patter of their spiel. There is no way of checking the bona fides of posters unless you get to know them over time to understand where they are coming from or if they are genuine. That's why I asked the question up front early. There is a better chance of checking out the companies if you do thorough research to understand the people, the economics, the politics and the competition.

Its too easy to lose money in the market, so managing money through portfolio diversity and setting trailing stops is important because there are a few left field factors to contend with at times. At this end of the market it is speculation, a bet.

Fundamentals make the stock. Any modern manager these days worth their salt has to work out their best alternative use of scarce resources. Its called opportunity cost. But to determine that they must determine the internal factors in terms of strengths and weaknesses in the micro operation of the business and balance that against the opportunities and threats - political/environmental/competitors/market share etc. Then they can plan their critical path in staged development. It would seem going by the video they have bedded down or are in the process of bedding down the external factors.

Yes, they will need capital at some stage, but all businesses do. The projects can be evaluated by EBITDA or Net Present Value for comparison, but what is most important is determining the resources and a value to work out an internal rate of return. That is to work out what capital needs can be met and what additional expenditure or cashflow can be used to develop the business to gain greater economies of scale and profitability which flows back to a rising share price. This boils down to using capital in production to make more money and not just exploring.

If fundamentals make a stock then the TA drives it. The turning point is now and can be illustrated by the convergence of the ATR traces from short to long term which correlate in this instance with price. This is the initial makings of a new trend and wiggles will be expected along the way.

From the speculative trader's perspective looking at risk and reward which is by no means certainty but a probability then I see that greater than 3:1 and as I said before, the earlier you catch a trend, the more profit potential grows and risk decays. This is the offset to the negative thinking and generalization too many small caps go broke or burn out stretching themselves too thin by trying to chase too many projects at the one time. That boils down too poor research of the people and position.

If potential investors would ring directors they would get a better understanding of the company position to take the guesswork out of conviction but I suppose that depends on your training and listening to what they don't say. Of course financiers know the details of submitted budgets and can wind the price around. It goes with the territory.

On the other hand you could take a market appreciation going by the TA.