The small end of the resources sector is getting smashed atm, Just look at the historic averages for Juniors in the gold space for example. ( i cant remember the source of the chart.... might have been twitter or a youtube link or something, If i remember I'll post it. Basically showing the average MC of companies V's measured resource). They are getting smashed on a historical time frame.
Unless you mention rare earths or lithium. We have lithium but its not a known resource size yet and definitely low grade and the offtake is unknown. The nickel resource is a work in progress also. So who other than retail are going to be buying atm?
While I'd love to see the share price north of here all things considered I'm not surprised its not. The project is far more advanced than it was in October last year however which was the last time it was at these prices so I guess you need to ask yourself if you don't see a future get out now? If you do, do you buy more if funds allow and be happy you perceive its undervalued?
Expecting the stock to move higher everyday just because you want it too on no news and against the sour macro backdrop is just odd to me knipy.
Everyone has their own idea of how it should perform though and that fine yours is different.... that's how markets work. Its only what someone is willing to pay.
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