It appears to me that we are seeing the inverse of the "irrational exuberance" in some of the lithium stocks, where prices are running upwardly wild, on a mere whiff of lithium, with many years before any proven reserves; let alone revenues and profits and bright futures.
In TMP we have a stock that has a strong cash position, is generating outstanding revenues and very early profits and has bright prospects in a rapidly growing market... and its share price is falling just as fast as those of some of the lithium hopefuls are rising.
Irrational dismay?
Having read the half-yearly report pretty thoroughly a few months ago (audited thoroughly by a very creditable firm) there is nothing there IMO that should cause this sort of alarm.
I suspect Mr Market has gone to the lithium races and is betting up big. I hope they have some brass left when they decide to come back.
But I could be wrong...
IMO
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