1MC 0.00% 4.4¢ morella corporation limited

Ann: Quarterly Cashflow Report, page-69

  1. 191 Posts.
    lightbulb Created with Sketch. 58
    I have a couple of posters on ignore, not because of their points of view but their agenda, so I don't really know what's being argued. But if focus is on 2-3 months of timelines, obviously certain investors have no clue on development (technically and environmentally), construction, commissioning, and production of a mine. With mine construction, operating costs and capital costs are developed to within +/- 20% or better. Time frame percentage comparable +/- 20%. Try remodeling a simple bathroom in your home. As a contractor for many years, if I came less than 10% above budget and within 2 weeks from job completion, that was a success. Communication with home owners a must, and never a complaint when job is done correctly using competent subs.
    9 months ago same complaints about financing. Some were doubting that financing would get completed. The entire time Mexus was sharing photos. A no brainer . I will admit I was not exactly keen on the terms but again, these projects come with risk and I understand the conditions. In 6 months we will be ramping up to full production. I choose not to focus on the short term pain, but rather the long term gain.
    Most LI stocks are 25-35% lower off their highs, we need our peers to move higher, it is not a singular issue with most individual stocks. There is little conviction in the LI sector at the moment and hopefully that will change soon.
    I simply do not understand the "I'm better than you mentality" when it comes to LI. I guess JL and ML set the standards when it comes to ego. Whatever?! Good luck all holders, see you next week.
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