General comments/chat, page-35439

For all the technical nouse which is regularly spoken about with ADN, there isn’t much to show for it except a share price 75% lower than its post PFS highs. I don’t mean to be overly critical but which other way can the last 1.5 years be spun? The strategy was clearly wishful thinking. How did a company with such technical nouse get it so wrong?

IMO there is a happy medium between having technical expertise and someone who can read the writing on the wall and make the best of a challenging situation. Not knocking ADN as it clearly has some people with lengthy CV’s but I think retail investors far over exaggerate their investment thesis with ADN. I also see many in here ‘falling in love’ with something which is just a mineral in the ground and serves no purpose beyond that which can be monetised. The exuberance would be understandable if the share price was up 75% in the last 1.5 years, rather than the opposite.