People who sell on no new information deserve to be skittled.
It's really very simple. What has changed today compared to yesterday? Has the ore disappeared? Has the off-take agreement been scrapped? Has the Tasmanian government revoked the mining lease?
No?
Then hold your nerve and await the announcement.
And for those people who whinge about 20K paper losses? Please spare me. I was down over 200K at one point before averaging down and getting back into the black.
It's been said before, but it bears repeating. If you don't have the stomach for volatility in the SP, take your comfy blanket and go buy a blue chip.
People who sell on no new information deserve to be skittled....
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