what is going on with this stock, page-2

Let me start off by saying that I still hold.
Invested 10 years ago at $1,( I was told then it was a long term play) and have watched them fall ever since. 4 cents a couple of weeks ago.
There is no question that there is value in the ground but that is the problem, its still in the ground.Consensus I believe is that it will never get the finance alone to get up and going. The stock has stagnated (i believe) as the market does not not believe in management can bring this off.
Today's conditions for this market to improve are the best we have for years. I have been please to see the SP hold up for a while since the CR call but in reality I am expecting it to fall at least to the 085 cents .I say this because apart from the hype around USA and China nothing has really changed for ARU.
They are asking for more money but to what end? So far off finance its a joke.
The only thing that will restore confidence is a JVP prepared to go all the way. That would give the SP a good kick and hold it there but still years away from getting it out of the ground.

I have tried to average down over the years but still a long way off the current SP so might as well hang on. (Miracles can happen)
This is my opinion only and I have no idea what I am doing, thus the tag "Tried but failed."
Hopefully others can give you more confidence.
BTW my other stock is NMT (exRDR) even worse.