I would say welcome to the spec end of the stock market. What’s the ratio of explorer to producer, 1 in 1,000 or something like that? The world is riddled with fast track this and that, on a path to production, blah blah blah.
You can complain about what shoulda coulda woulda been, or just sell out. I’ve always said to myself at this level you invest more into management than the stock. I lose faith in Management I’m gone. All the gripes and other crap aside, these guys aren’t lifestylers by any stretch, there’s plenty of lifestylers on the ASX.
Sadly from my experience the market is nonsensical, I have another lithium explorer. They just did a raise of $50m at 36c now gone pretty quiet for a few months. Share price is half the raise price now, and a peer is 4 x their market cap and probably 2 years behind them in getting production. I could let it grind me up, sell or believe my research will eventually prevail. I should be retired now (based on research with these guys) but I’m not. I won’t complain though cause I knew what I was investing in. Don’t get me wrong I’m p1ssed about delays and current share price, but it’s my decision and my decision alone. Management doesn’t stop my sell order from being fulfilled….
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