Being to reactive1 Oct 2021 10:18
Being too reactive
Morning. Just a few of my thoughts on PREM regarding being overly reactive. Since being in PREM (18 months), I’ve noticed that these shareholder chats/twitter etc react and over analyse every bit of news. If you are trading then I understand this. However, if you believe in this business then maybe just look at the bigger picture?
Size of area
Historic and latest results as they come in
No debt
Made a profit with lifting of the impairment
Lithium price rises that set to continue
Gold potential
These are all solid reasons to invest but AIM is really for the long term. I get frustrated by some twitter posts that seem to be a bit “Rampy” by PREM (eg $PREM). My frustration with this is that PREM doesn’t need to be with the resource we have.
So to summarise, I think it best to not over analyse every post/tweet. However, just my thoughts.
Good luck to all.
Paul