Titanium plant update 21/06, page-4

So all IMO but…

I think some of the biggest things that dragged on the SP for 3DA were probably the delays on the expected Fletcher and Middle East deals and the big announcement of work with Boeing in California that also hit a few speed bumps but also never really followed up with news or information regarding what exactly it was they were doing over there except for ‘satellite parts’ and needing a bigger facility.

However on top of this we just left a market juiced on COVID stims and obsessed with new tech and sustainability to enter one mired with inflation, rising rates, war and rising energy prices. Bitcoin just shit the bed and rising costs are causing people to liquidate their investments and play it safe.

Speculative stocks are naturally going to get railed but there will be a lot of opportunity to make big gains on stocks that can actually perform. 3DA definitely has that potential and I really think she is being undervalued. She has capital now and her new powder facility will probably mean a profit next financial year. The market just won’t believe it till it sees it actually happen. There’s a lot of money to be made with a little faith.

Topped up at 22, 21 and 17 and happy to lower the buy average. Bargain if you ask me but only if you’re going long.