Daily price prediction thread, page-10630

lols
you finally acknowledge the share price went to 40c and you failed to sell on that triple

and you want to defame management for "lies and untruths", because Melhuish expressed the view that he did not expect delays in gaining approvals and he put a time frame on when that would occur,
meanwhile the market also didn't see any issues with that and marked the price up
and Melhuish's and the market's view turned out to be wrong.

which became obvious by Jan2021 and the share price started sliding as approvals continued to be delayed

now half of WA is screaming about EPA delays for all sorts of projects

while, somehow, in your mind all of that is Melhuish's fault

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And now, you want him to talk this up again!
he cannot push any detail on the things you want updates on because he does not have approvals and cannot progress any of those things, further than he has, and has already reported on, until the approvals are gained and he is able to finance

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mate if you had sold at 40 you'd be happy
guess who didn't
and guess who is responsible for their own investment
if you could get over the need to blame someone else these threads would be a whole lot more sane
and you'd be a better investor

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Meanwhile we have $750m in NPV value against a current market cap of about $50m
and a capex required of somewhere around $90m, for all projects, with initial capex for Arrowsmith North of just $28m.
and just a matter of gaining that approval to kick things off

it goes to zero or near that if approval is not granted
and there is an opportunity cost of waiting if the approvals are further delayed
but it remains an attractive proposition

I reckon around 2.75m shares at an average of 0.087, guesstimate, have been picked up in this latest flush downwards
so getting near to $250k worth of buying off the sellers