RE: 20% down from Year high now17 Mar 2023 11:22
I'd agree with you were talking of a different company such as Echo energy for example.
It's really easy to stare at the SP and feel frustrated. I know I am. But reason over emotions must prevail in this "game".
BMN has accomplished many things and keep delivering on their promises. That the market ignores it is one thing but the facts stay the same.
The electrolyte plant will soon be producing, we will soon find out for the BE carve out and listing will provide (currently researching for an article I will share soon on what it all could mean for BMN), production is up and the BoD has mitigated what is a very difficult environment for businesses in South Africa at the moment.
The only frustration I have with the BoD is a lack of effort on the PR front. It wouldn't come at a great cost to them to boost marketing and PR and this has been brought to their attention many times. There is so much investors can do to bang the drum about the company but it needs to come from the horses mouth.
The SP is what it is. I have invested in many undervalued companies because my research pointed out the market was wrong, and corrections come unexpectedly and really quick. You never know what the trigger will be.
Fundamentals have not changed much, except the energy crisis in South Africa, so I'll hold and keep buying as I can.