3 year low of $1.73.
Essentially, management has produced ZERO share price appreciation for share holders. But they've done a very good job of selling the options they've given themselves.
I'll remind everyone that lithium prices are exactly where they were in early December. We ended 2023 with a bounce off the $1.90 range, all the way up to $2.30.
Since, management has produced a series of fluff news releases and has continued to sell shares, beginning with Mike O'Hara at 2.14 and followed by the CEO sale at 2.02. Those sales effectively wiped out all positive momentum we had building after Christmas.
I say this because the Excuses Crowd wants to defend management despite share price performance being in the gutter. I counter that E3 management has driven share price down to where it is by destroying investor confidence with their repeated sells.
Under Doorkbus's leadership we can see that shareholders have done very poorly in 3 years now. IMHO changes are very necessary. Keep him on for the technical stuff but he's clearly failed at increases shareholder returns and needs replacing. While he recently put $200K into his own pockets at our expense, he cannot put money into the hands of shareholders. Chris is not the only one who
should be called to the carpet and replaced and/or demoted IMO.