Thinking back over the past few months, it has been a time of challenging preferred company narratives.
But what needs some attention are the narratives which were adopted as fact following the most pivotal outcomes which were devastating for shareholder wealth.
Immediately following the DFS release & the SP getting smashed. There was a narrative generally accepted. However this needs to be re-examined.
The Vanadium price in 2018 did the below. Every Vanadium hopeful on the ASX saw a massive spike in SP. But not TNG. There was a narrative which was generally accepted around this time. However this needs to be re-examined.
The narrative around the Darwin site selection & EIS round 1, 2 & final outcome at 3.
Consider the wording of this announcement - April 5 2017 - MOUNT PEAKE ENVIRONMENTAL APPROVALS TO FINAL STAGES WITH SUBMISSION OF EIS SUPPLEMENT
43h9x6lm6kjhwc.pdf (asx.com.au)
With a fresh set of eyes, I'll go back as far as the ASX will allow to try to work out if there is an alternate narrative which could/should have taken hold.
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