I have written off my investment in this Co. So the stress is so much less now and any expectations are now remote. It’s not like we can get out anyway as there is bugger all shares in the buy column.
EVR have taken the “Scatter Gun Approach” here. If we buy enough projects then surely one will hit. I don’t think there was any thought at the time of how much all the exploration would cost. A rookie mistake by EVR Management. Unfortunately at this end of the market it is a FACT that we get bottom dwelling Management who are trying to make a name for themselves. They write up their CV on the Co Website like they are highly experienced but basically all they are saying is they have so many years experience. They hire family & friends to join the journey with them and if they hit then they make a killing, if they don’t then they pop up somewhere else with 2 to 3 years more experience.
I made a mistake investing in EVR and due to being stuck, I now hope for a decent announcement to provide enough volume to get out without destroying too much capital.
Anyhow, that’s just my opinion and I have decided to learn for my mistake and not stress anymore.
All the best mate. I feel your frustration. Although, jump on Twitter and check out the Co”s Tweets because apparently we are a future up and coming provider to the EV Revolution.
EVR Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)