I think you make a fair point but I also think this is not just about RLE. The market is in “quiet chaos” IMO. What I mean by that is that “instant gratification” still reigns supreme but finding those stocks is becoming harder every day. The world in general is very different with economic uncertainty everywhere and for those willing to risk their hard earned for a good return, they are becoming more risk averse. Asking questions like “should I invest in lithium and cobalt for the EV market, or maybe gold stocks or property, or maybe physical gold or tech stocks or bio pharm????”. There are new generational investors in the market who aren’t as patient. I’m no expert but IMO energy stocks have to be one of the safer investments atm.
Now regarding RLE and why the market hasn’t woken up.....that’s because if you invest today, the expected profitable return is still some months away. Back to “instant gratification” ....people want their return tomorrow. Just look at the AVZ, AUZ, RNU threads to name a few and so many, many other spec threads. Many over promise and under deliver. IMO, RLE is demonstrating that they are delivering as promised.
None of this is advice but simply the way I see the future and market mentality atm. I’m very comfortable with my investment in RLE and comfortable with Scott and his team to manage this project.
