Zach, There are practically zero reported shorts by ASIC?Shorts...

Zach,

There are practically zero reported shorts by ASIC?

Shorts only ever got as high as 3% in Aug 2023. They are long gone. This is all just EOFY/tax selling.

Even the normal reserve discovery that would have retail mining experts in a froth drew a blank. Just no interest in this stock from existing longer term holders anymore, who all bought far higher; hence the bargain basement prices. That coupled with a 14,5 million share overhang that won't disappear in threat until end of July your real culprit on share price.



Personally I have being buying up under the CR price recently. Absolute punt, but one wider announcement from the US or AU on RE and off to the races we go on this low valuation as you point out. ARU and ASM due some good news IMO. A rising tide floats all boats (along with a higher RE price, which the Chinese doing their best to control structurally via supply within the market of course). Perhaps management will finally deliver on more offtakes and that "project de-risking" (chortle).

HAS was such a predictable story looking from afar of the usual retail exuberance, expensive debt, expensive exec's promising the world and delivering tardiness and cost blow-outs. Considered shorting myself. Happy to buy as a punt at these basement prices (only time will tell if "bargain" basement).