Share price moved up in the last few weeks of 2023 following the proactive investor marketing by management using the Corporate Connect report and a very well put together brochure on the pilot project. For a pleasant change this roadshow coincided with the end of year global rally, which was equivalent to the entire year of market returns for the ASX. Buy side for the first time in a year was in the low to mid millions shares while sell side dropped to 700-800K. Now we've started the new year and the market is taking profits generally and unsure about the Fed rate timing the EEG buyer/seller relationship has flipped back to favour buyers. As each line is filled we drop another half cent. All we need now is another announcement on go ahead for pilot project with finance or JV, ideally aligned with clarity from the Fed on rate easing and we'll be off to our $1 short term target. For long termers this is just a pause as the analyst reports reconfirm our positive belief in this as being a multi-bagger. I would suggest it's still a good time for newbees to accumulate, but hey I've been here a decade and was buying at a dollar before we had so many ducks in a row so treat my views with caution.
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