"It's appears the shareholders can't participate in the CR to benefit"
Shareholders had good opportunity to buy at around 7.6c right through most of December and down as low as 7c last month. Millions were exchanged around those prices so most retail holders had ample opportunity to buy cheap if they wanted them. No point complaining now about not being able to participate in a cr. I knew I could buy in any potential upcoming cr but I chose to buy over a million shares through December as well while sentiment was poor. I haven't sold one of those shares and I'm very happy to be able to buy more on the cr.
I doubt that I'm the only one expecting a strong recovery this year. There will be a lot of news starting with this financing news, start of construction, likely news on green ammonia deals which should kick off the PFS, commissioning and first production in the second half of this year. Anticipation of all that ongoing news flow is what can drive the sp a long way and what has already helped the sp form a base over recent weeks between 7c and 10c. once it breaks out from that base the move should be much larger than that 2c range. We were hoping to see that news flow last year but it looks like our time has finally arrived.
We saw the sp climb from 7c to 17.5c last year within a few months in anticipation of the GA tech study results. News flow this year year is going to be far more important to the sp. If anyone thinks I'm pumping, it's because I am pumped! I'm looking forward to what I expect should be our best year for sustainable sp gains. If we hit production this year, I can't see a good reason why we wouldn't at least approach base case NPV which would mean a new high in the sp.
