Down in the dumps10 Jul 2019 11:53
Heading towards 4.5p. We now need a 4 bagger just to return to the high of last summer, and we have a couple of hundred million more shares in issue now. Can't see anything in immediate future to stop the drift down - Portugal DFS not due for several months, Oman dead, Moz dead. Lithium market and spod prices poor - Pilbara minerals in Oz hitting year lows for example. Good God even Osaka said this last Wednesday : "more delay is the biggest risk with this company right now, as so far they have delivered zilch." and Osaka usually jumps on anyone who isn't ramping.
I think I made the common mistake of falling in love with this share. OK, DA has had success in the past, but with Australian miners, not middle east or Africa, and as Thelix has pointed out although they have achieved Mcaps of several hundred million this was accompanied by lots of shares so share price not that high. My hoped for 40p ain't ever going to happen and I would be happy to achieve 20p now.