RE:RE:RE:RE:RE:Things holding Trevali share price back@Kramaswamy @Petz
Krama in my view is not a shorter. I met someone like Fire or him after I bought Ovintiv stocks when WTI oil was under zero. The stock went from 2 to 12 where I sold it and all the way there were persons talking bad about the company. The difference: management of that company indeed was arguable. The similar: those postiing bad comments about management were bagholders, having bought OVV at 25 USD or even higher.
So with Trevali, I guess there are many bagholders in here and I personally understand them being frustrated. What I just ask you, Krama, is: be honest with yourself: it was your wrong decision to buy Trevali at 1.50 and to average down with a falling zinc price. When you say that the former management bought Rosh Pinah and Perkoa at the wrong time: ok, but you also bought a zinc company at the wrong time and hey: are you "reckless"? I guess no. It was a wrong decision but in the hindsight we are all more clever in life.
NEW management has done the things right @Petz wrote. And most important: these guys are hard working, modest and capable guys. Do yourself a favour and dont argue against that but just trust me with my judgement. And trust your current investment in Trevali.
And please please stop bashing management. They dont deserve it really, I mean it. We all had a hard time in 2020 and Ricus, Brendan etc as well! We investors should stand by management and workers as we want them to do their very best.
So lets be nice to each other - we have a common goal !
Just to add: total costs (all inclusive) right now are at around 1 USD. And with TC at 200 they will stay at 1 USD in 2021 even with the 0.10 gained (with 100 USD lower TC) all spent in capex. I dont say that to change your mind Krama. But you may give it a chance to feel better/more comfortable with your stocks. We re in a good distance from the 1 USD now.
All is well finally :)