Welcome..17 Jan 2022 19:49
.. to the board Castle2012. I see from your number of posts you aren't new to equities anyway. Depending on whether you are a trader or investor (I do both) this stock currently comes under the "a bit boring" category. Fortunately there's some great people here to keep it interesting. I know very little about mining and I'm eternally grateful for the feedback I get here from a handful of genuine posters. I study the stock market and everything involved with it. Only been learning 4 years so I still have a long way to go, but equally I have learned a lot.
"A bit boring" is good, it's another phrase for "it isn't volatile". For me, it's a nice, low maintenance stock where I can hold some of my money and not really worry about it. I know some of you guys here will dispute that, but take a look at DARK today. A world class company hit by a short attack and SP dropped some 60% in the blink of an eye. I think it's fair to say that this stock is under the hedge fund managers radar :-). BUR were hit about 3 years ago, their SP £19 at the time, it's never been above £10 since, and hovers around £7 now. THG, AWE, the list goes on
Some have been here 10 years or so, I've been around 3 or 4 years so, like you, I came in at a good price. To put things into perspective I look at other charts such as EUA and the likes that are now coming to maturity. You can see there that they bumbled around the bottom for a long long time before things started to come together. So that's reason number 2 for been relaxed here.
I'm not seeing any warning signs that you get when it's going pear shaped (such as SXX). On the contrary, new investors have come in at a higher price than this so they must have some confidence in the future.
Finally, I am assured that the asset is exceedingly good (by the people here that do understand these RNS's).
I think we are all pretty much in agreement that the BOD aren't "as sharp as they could be" when it comes to managing the business, or indeed respecting the shareholders, but all in all the signs are that things are starting to come together. This year? Haven't EUA been in discussions for about 18 months or so? My personal opinion is we'll see some changes this year, but looking at other stocks I'd be surprised to see a conclusion to Toral. I could be wrong though - I often am! Good luck with all your choices