Yeah, noticed the share price similarity too Carna. It does say something about the current risk of the company. Like you mention the valuation of the company is just the same after 6yrs.
I'm not sure if management is entirely the reason for the stalemate, however, I do agree they have had a hand in perhaps leading on some expectations prematurely. And the disappointment of reality clearly not meeting expectations has diminished investor confidence. For sure.
The black clouds I feel hanging over the company at the moment is the EPA's overrun of timelines and the inevitable gambling situation of a 50/50 outcome. A lot of investors would be unwilling to gamble on a government decision. That and the bottom line of the company starting to look a little thin. I think the momentum will only be one way until three things happen.
The EPA makes a decision.
A Capital raise comes along or
the stock becomes so dirt cheap it cant be ignored.
The trouble for investors then is how much risk tolerance do you have? And how far down can you watch your investment go until one of these three things happen
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