Half a year ago many people in this forum had attributed the sp...

Half a year ago many people in this forum had attributed the sp weakness to year end tax loss selling. At that time I said that's probably not the case.

There is zero doubt that if Lindsay is going to achieve the NPV value in the timeframe that he advised, sp should appreciate materially in the very near future. Even the likes of forum trashers wouldn't disagree on this.

The only problem is, the market still hasn't thought so as of now. It is now very close (in the grand scheme of things) to the date that MNB is supposed to produce first batch of product, so it can only be more puzzling why the market doesn't think so (YET).

Based on what has been happening with the sp, Lindsay and the gang have made the market realise there's probably more risks to this than originally thought, and that the calibre of the management team are questionable. Delays are still counting in the magnitude of years and quarters.

One would be lying to themselves if they think the disastrous sp has NOTHING to do with MNB themselves.