Good on you for getting out with profit.
I'm sadly sitting on something like 70% loss, it's not a significant part of my investments so at this stage it's watch and see. If the share price recovers a bit I will try to get out before next CR and see what happens after that.
There was a few red flags over last two years, I have seen them but not done anything about it.
Lesson learned.
I think that there are a lot of shareholders who are hoping to get out around 13-15c. This will create a real limit on SP appreciation.
The really sad part is that this project could have been up and running long time ago if the management focused on simply mining kaolin and either toll processing or selling ore. Instead of that time was spent on chasing dreams of concrete additives, CO2 capture, nanotechnology, HPA and general spin creation on currently fashionable subjects.
To be clear on one point, I understand the need for reduction of CO2 emissions but the solution is reduction in burning of fossil fuels.
In my opinion the ADN proposal of CO2 capture and conversion into methanol is not the solution.
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2 | 516000 | 0.017 |
19 | 3343541 | 0.016 |
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Price($) | Vol. | No. |
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