PNN 0.00% 12.0¢ power minerals limited

Mate put yourself in their shoes for a minute... The lab has...

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  1. 54 Posts.
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    Mate put yourself in their shoes for a minute...
    The lab has told them one thing and then not delivered.
    Can you imagine if they announced yesterday that they will be delayed by 1 more week and then it turned out to be 2 weeks instead. Now that would have been far worse. Hence the new end of Jan deadline.
    My thinking is... they received delay from labs and then thought, F@$k!!! how do we contain the crap storm this is going to cause... Enter the "non price sensitive" announcement. Wasn't that a nice kick in the nuts?? We were in over bought territory and the pressure was building for good news...instead we got the nuts kick.
    I've been watching this unfold - lot of people have, rightly or wrongly acted hastily...each to their own, everyone is in there own situation with their own goals/expectations. I haven't sold one share as yet. Im probably in a different situation than most. I haven't held for long...approx. 1 month, but I do hold a substantial amount and could sell now a take a very handsome profit. I only mention this to illustrate to some out there right now who are wondering if they have backed a donkey that sh!t happens sometimes in business that you just cannot control but its just a hick up...Lets see how LKE go with receiving their results. If they are also delayed, then we will all breath easier. If they receive theirs right on time, well that might raise a flag and may then be time to reassess.
    Im not saying things were handled well by execs by any stretch but it is what it is. I think you'll be back in sooner rather than later. All the best.
 
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