I think it's just the market. Whenever I buy these high-risk spec stocks, my position is always expected at 50%DD.
Buy 1 position size 25%. Getting my toes wet.
Buy 2 on confirmation 50%
Buy 3 on pullback 25%.
And taking profits to protect myself.
Currently, I'm looking @ .022/4 to add.
As for management, they cock up all the time. Not many good managers on ASX companies.
Ann: Spodumene identified at Trigg Hill, page-254
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