Hey JPezz, I'd say the reason the SP has been hammered is at least twofold - inclusion in the index & the latest NR.
I don't think management did any of us any favours by muddying the waters. If they have not yet decided on the final configuration of the plant & the size of any DSO component why not just stay silent until the release of the DFS?
Now people are second guessing 125ktpa or 250, DSO at low margin, how long to any 2nd plant, when are concrete & polymers/coatings/inks PFS likely to start/complete?
While the 5,000tpa BOA with a Japanese customer is significant it does open up a crack for skeptics to sow seeds into until such time as more sizeable BOAs are signed.
However, as long term investors we just ride the waves! There are enough good things in the pipeline it's worth the wait.
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