For all the technical nouse which is regularly spoken about with...

For all the technical nouse which is regularly spoken about with ADN, there isn’t much to show for it except a share price 75% lower than its post PFS highs. I don’t mean to be overly critical but which other way can the last 1.5 years be spun? The strategy was clearly wishful thinking. How did a company with such technical nouse get it so wrong?

IMO there is a happy medium between having technical expertise and someone who can read the writing on the wall and make the best of a challenging situation. Not knocking ADN as it clearly has some people with lengthy CV’s but I think retail investors far over exaggerate their investment thesis with ADN. I also see many in here ‘falling in love’ with something which is just a mineral in the ground and serves no purpose beyond that which can be monetised. The exuberance would be understandable if the share price was up 75% in the last 1.5 years, rather than the opposite.