Unfortunately I hold a truckload of this from before the accident. I do believe that the correct response is to wait. Not at all surprised by the panic selling from shareholders. I would just about bet that the selling is from retail holders not institutions or fund managers. I suspect the latter lot who put cash is at 10c will be hurting and upset majorly.
I sincerely hope they stay the course.
One good thing we have now is a clear timeline for plant repair and production and sales. I recall previously being oft disappointed with broken promises of production to start and promises of tonnages to be processed for it never to actually occur. Anyone recall the releases saying the plant was 98% complete in early 2021? It was the end 2021 when the accident occured and I heard someone say....and production was 'just about to start'....majorly disappointing communication and delivery in my mind.
I will be monitoring progress against their promises this time very carefully. Hoping they tell us the truth this time.
2nd Half C.Y. 2023 should finally get us going again,
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