$20m has been spent over the last 1-2 years and ESR is at its lows in all areas, so it is funny you say obtain $8-10m and make $20m when they obtained around $20m and made ???? Yes it is exploration company however results are required to satisfy SH's from wanting to hold or buy and when that doesnt happen the selling becomes the norm.
Spargo movements over the past 10 months have not been transparent and kept SH's in the dark regarding $$ and progress and SH's are still waiting on a DFS that was meant to have been delivered last year.
There comes a point for some where patience and frustration dont gel well together and they see more opportunity elsewhere. I am for one thinking what I could have achieved if I had invested elsewhere but held here believing they had the goods.
Updates, anns and progression is what attracts SH's and atm none of them have been evident for some time yet the bank account continues to drain on wages.
Ni prices were at ATH highs when sample was being delivered yet it didnt help ESR SP then and it's not helping ESR now. Its only the producer that it helps.
It amazes me that you are blaming SH's for the current SP.
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