Belligerently Optimistic.5 Oct 2022 18:22
It’s clear to see now, this SP is going to need hard facts on the ‘big topics’ to drive it upwards. I wasn’t actually expecting fireworks today, but wasn’t expecting a reversal either! That said, I’m not trading, I’m investing, so happy to wait. It’ll come.
Given that most shares would have spiked sharply on such news, there does appear to be real caution from the market with regards AM’s words. Takes me back to my usual mantra in such circumstances, ‘communication is King’. Concise, clear, accurate and regular communication is required to move forward. Please, no more waffly, unrehearsed presentations that leave the meaty stuff to be crammed into an over-run period and so reducing time for questions to be answered. The market wants facts in black and white.
Still extremely positive about the prospects here - I’d expected a potential JV or TO after initial proving of the big discovery, but very happy to see such interest so early. It’s clearly huge, it just needs a concrete plan to fully exploit it. Expecting a close neighbour to be in the frame to help or shortly....