BSX Chart, page-1248

If I wasn't down by 50%, I would be tempted to start selling down my parcel to be honest. The boys in the ivory tower burnt 50m on fluffy ESG assessments, external consultants and investments, which are heavily in the red. In the meantime they barely increased the size of the resource, which an exploration company is supposed to do and there is still plenty to do in the processing and metallurgy space.

SW in the past year promised a funding JV partner, a DFS, a Korean bank guarantee, new drilling targets / districts (Chim Van) by now and a final investment decision by end of the year, in which none has materialised so far. The only thing that seems to be certain is a massive capital raise in the next 2 quarters.

Overpromise and underdeliver, the classic sign of poor management.