Hi all, I have been as transparent in my posts as possible. Today's report was not as good as many are making it out to be. The production for 24 and 25 are less than the banks had expected, including myself. Today I have sold enoght to cover my initial cost with a small profit. There is still a large holding coz I believe in the EV story. Expected production to half is not a good look. Since GM took control cxo has lost $2b in value. He has no guidance for earnings looking forward, execution of projects. Last march at 1.40 we were considered cheap, here we are tday 72c. What else is there to say. Lke was 1.20 now 24c. Lll and avz are both suspended. The CEO has not been forth coming with retail shareholders. Many have seen their holdings fall over $1m, a dream for alot of people. How did we get here in 6 months? My parents are sick and in their late years, I have to do what is best. You do what is best for you. Bp33 can't add to production until at least 2026. We are not ramping up production but down at a time of high demand.
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Ann: Quarterly Report and Production Guidance/Cashflow Report, page-147
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Price($) | Vol. | No. |
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