The down ramping here the last month or two has been unrelenting and so consistent as if it is a planned attack !
Who sits around 24/7 ready to debate the merits a stock they don’t own ? If you made a motza on AZS go celebrate and enjoy life.
Most here are long term and fully aware the first 2 drilling updates weren’t as spectacular as some of the AZS results but very early days here and AZS was a once in a lifetime discovery.
Being beaten down from 4.6c on commencement of drilling to 1.6c says we need better results but the timing of the Options did not help.
I was in DEG (got out way too early) but the down ramping over there in the early days was the same - the ground was called “moose pasture”, low grade, uneconomical, etc. Long term holders have been well rewarded over there.
I keep an eye on “shorters” (as they are ahead of the game) which are still minimal and like a large cash reserve so management can be flexible because you don’t know what is around the corner ??
RDN Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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