Ann: Security Purchase Plan, page-9

Clear to me that management have been stubborn with their current copper project. Haven’t read the market. Share price fell immediately on the announcement of the copper project. And continued to fall while mgmt remained stubborn. Market was hoping for a new acquisition in a prospective sector that would garner market enthusiasm and support (think USA lithium, or REE). This would have allowed a raise at higher valuation alongside the new vend. Instead no vend and sticking with the project mkt not interested in.
complete management failure here so far. Pity really given track record.