Like many, I have been in this stock a while. Bought in at 7.5c, went the ride to above 20c and have taken the fall as well.
Outside of the funding issue (which I get is a biggie) I still like the fundamentals of this business.
I am glad that there has been some communication from the business in the form of the Proactive investor video. Its nice to hear that the PFS is 50% done, but outside of that I don't think there was really much new information that came out of it.
The increased share price is absolutely welcomed, but I expect this to yo yo up and down like it has for the last 12 months on the back of NO NEWS
Nothing has changed in my view. We will continue to yoyo until there is any significant news to justify a stable price increase. Importantly, as I stated this post, until the solution of funding is articulated this stock is still uncertain.
Great sentiment in the video. I like what he is espousing. But not enough new content to drive price.. In the short term, price will rise a little, people will profit take, price will fall. That is my short term estimation.
Would really love to be wrong. But that has been our groundhog day for 12 months.
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