RE: Nice line24 Jan 2025 11:02
I agree Pompey, but that's where trust in management comes in. If you have it, then you are happier to buy in anticipation, like I and most others did in 2024. But that trust was not paid but betrayed by management. I don't blame them for the weather of course, but why did they leave the site visit until the end of November in the first place if they wanted to drill in December? Even without the weather that followed during and after the site visit, they were never going to get the permit before Xmas regardless, because they did the site visit so late.
I do genuinely worry whether this is a genuine outfit, or a share trading racquet. So now i'd rather pay a higher premium because the risk is higher, or trust is lower, whichever way you want to look at it. It's not a long wait either, and as others have said, better and less riskier opportunities in the market right now. But each to their own. All imo and dyor