"nothing changed as per company announcement."All this proves is...

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mondyinvest

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17/09/22

19:16

Post #: 63755410
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Originally posted by Roch2077: ↑

Hey Guys,

Thought I start a new thread as ADN is now on a new beginning and fresh new highs congratulations holders. Company and its world class resource over the past few months has not changed yes I agree instead of a 300 000mt plant they are initially building a 50 000mt ton plant to reduce initial dilution and build up to the 300 000mt plant. However there a dozen individuals who are upset on this forum which over past 3 months dumped their stock from 20 cents down to 5 cents. You individuals are upset and angry you lost money or lost your potential profit. From yesterdays announcement everything was on the table from DFS, timing of plant and production rate and nothing changed as per company announcement.

If you want to keep complaining, creating further conspiracy theories and complain about management go complain somewhere else. The stock market is about timing and you followed the goats instead of sitting back and actually looking at the asset your dumping. We will be back to 10-12 cents and possibility of 16 cents and accumulate in that region for the next leg up but company has changed structurally and is on track now to deliver a plant in 12-18 months with more BOA’s. Either jump on board or have your sook somewhere else. Even the top 25 holder that dumped his stock during the fall wants to now buy back his 25 million shares because who sells a company worth 2-3 times this valuation on hot air conspiracy theories from hotcopper at 5 cents

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"nothing changed as per company announcement."

All this proves is that you haven't, or can't, read the company announcements properly. What this company first promised at PFS stage, to what they then delivered at DFS stage, to what they're now saying they're going to do ex-DFS (without actually providing any economic data to back up) has completely changed.

There's nothing wrong with liking the stock and the R/R at these levels - fair enough - but claiming nothing has changed is just a senseless ramp. Fortunately even the formerly rusted-on ADN fans will see through this. The share price is simply doing what all retail-froth stocks do eventually: reversion to the mean.

ADN Price at posting: 5.2¢ Sentiment: None Disclosure: Not Held
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