I think people need to understand how micro cap stocks work.
It runs hard on consistent news, until it becomes de-risked that there is a legitimate prospect.
Right now, we have no confirmed any of them. All projects, either don't have results or have a *next to the result.
This means the risk is still exceptional high. Everyone that jumped on after the REE results, were expecting Isa, NZ and further Eyre results in a small period of time, which hasn't materialised.
People need to remember that this stock was IPO'd on Ni, Cu, Li and Au. Not REE, right now we have no results on any of them.
Until this proves actual worth in any of its projects. We are going to slowly sell off once the hype ends.
This is not a pump and dump stock, but it is heavily susceptible to volatility when expectations on news gets missed.
The reality of the stock, black and white. This will rocket on good news and capitulate on any poor results and it will be a long period between drill results.
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