Toly Try looking at the numbers instead of listening to AL! You will understand the SP movement much better. Show me just once when AL has been correct about future production and when a project has been completed on time. Yes she always has an excuse, The fact is every company has problems just most build in contingencies. The simple fact is by my estimate the Profits have fallen 78% since H2 2022 while the stock has fallen just less than 50% so the SP can go down a lot further and will. This does not even include the fact that in 2022 the market was euphoric about Green stocks and to day they are only lukewarm. and that is declining across the entire green market. It has been 5 years since AL told us we would see Next production in 2 Qs and we have only made it in one Q since then. Truth is they have only been above original name plate for 4 consecutive Qs once and that was for only 2 Qs. If you want to believe AL that is fine with me. Even KAL her prediction for fist feed in September made in July did not happen until December. I cannot trust someone that is wrong by that amount so close to the date. We will see how her recent predictions for C 2024 hold up. I do not expect to see close to 2600 KT in Q3 2024 which they should do if they met the 10,50 KT/ yr run rate in Q2
LYC Price at posting:
$5.79 Sentiment: Sell Disclosure: Not Held
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