The graph doesn't lie but what is in the quarterly report that would make shorters want to short? I read a lot of positives:
- Operational capacity will be achieved mid 2025. - Anticipates revising its original nameplate capacity of 125 metric tonnes per year upwards, with new titanium powder production capacity expected to be confirmed by mid-2025. - Expansion of what the technology can do regarding manufacturing titanium parts, (larger products etc). - Multiple applications for additional government funding. - They aren't burning cash, (showing disciplined spending), and have $66m in the bank. That will keep them going for quite a while and one woudl expect some inflows to start coming in by the 3rd/4th quarter of this calander year.
So I wonder by they are shorting? Are they just having a trump punt?
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