It's almost a perfect chart to represent a company waiting on long overdue news... I mean if we think about it, Ian came out around end of July last year with a timeline that expected, EPA, FID, resource update etc all happening towards the end of 2022..
So the 12 Month chart I think reflects that perfectly. A few accumulation blips, but mostly just a slow trickle down on the back of no material announcements..
As the great man just above me says, it can go vertical any time when said announcements are finally here.
TMT has typically not been a leaky ship, but I feel like the share price might start dropping a few hint when EPA is close.
Take from that what you will.
TMT Chart, page-1879
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