If key milestones like a strategic partnership and expansion...

If key milestones like a strategic partnership and expansion funding come while sentiment is running hot, then one should consider that “the market” will then be happily adjusting its risk-weighting associated with future production and earnings; more people will/should be looking more closely at what a +10ktpa operation is (will be) worth, and a new ATH could arrive far sooner than the haters want us to believe.

Imo the longer-term risk hasn’t changed much over the past 12 months as the sp has copped it, but the huge reduction in sp has massive impact on the potential reward side of the risk-reward assessment.
One needs to think about whether the delays are adequately offset by the increased multiples in potential return….. a topic the FUDsters continually won’t touch. How convenient.

Perfect example - even if someone bearishsly thinks it’ll still be a few YEARS before we’re even back at 45c, that is STILL a CAGR of over 40% from the current price.
From 9c recently, that CAGR is over 70%. Yes, per year.
Is this incredibly bearish (imo) scenario - of 45c not being hit until 2027 - too “optimistic” for some to recognise opportunity..?? Apparently! The mind simply boggles.
I’d give a more realistic scenario (imo), but it will be shouted down by the usuals as “mindless ramping” lol.

In this current world of instant gratification and exaggerated fear + greed, it seems that even the most rudimentary analyses go out the window.
Fascinating.

Imo
Dyor