External News & Commentary, page-2293

Well, I suppose you can forget Sibanye, if they hold fast then at least it will be something positive for INR, and even better if INR are still able to access US$700m government funding, but none of that potential has had any effect on the share price, quite the opposite.

Nothing is assured at this stage in the market cycle.

Potential investors should always do comprehensive research.

So far, this stock has seen nothing but wealth destruction, as proven by it's stock price performance.

In January of 2022 it was 80.5 cents, today it is 10.5 cents - that's a decline of 87% percent over 2 years.

No amount of optimism and hope can hide the statistics, they are bear facts, and they speak loudly for themselves.

Of course, as an intelligent and lucky investor, what you want to do is find a stock that has had an inverse share price performance, in other words, was 10 cents two years ago, and is now 80 cents, that's the kind of growth stock to invest in, most would say, and it's hard to argue against them.

The directors here are now under the pump.
Has the shareholder wealth destruction been all their fault - unlikely.
Has it been the weed's fault - partially.
Has it been the corruption permitted on stock markets - partially.
Has it been the bureaucrats in USA government departments - partially.

As you can see, there has been a lot factors involved in explaining the decline.

In a fair world, there would be no Shorting, and no eco-warrior extremism - but the world is not fair, and the stock markets are totally corrupt, as almost everyone knows.

Anyway, there you have it, a stock price decline of 87% over 2 years, and still there appears to be no end in sight, because if environmental documentation delays occurs, or if the eco-warriors launch additional legal appeals, then one can only assume that the fall in stock price will continue on trend.

Gw