You’re right - fundamentals haven’t changed.
&
You’re right - my frustration is sentiment based,
however, in terms of dilution, it’s not realistic to describe it as merely “some”.
It’s many tens of millions. It’s some what below the CR strike now. And as for the rise in IO, we all pray that remains around current levels, but many experts are in agreement that it’s very unlikely it’ll manage to keep itself above $100 within the coming months.
I’m looking at this in terms of what’s left. Offtake news, that IMO has been delayed in finalising, is pretty much all that’s left, no?
Scroll through the past announcements. The clear suggestion has been offtake is/was imminent. Many of us LTH’s presumed that would’ve been announced in unison with ML’s dropping. But that never occurred.
So why has there been such a delay in that I wonder...
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