RE: RE: RE: Hmmm It is not necessary to establish the market sucks, it really does. I've seen plenty of very good UK news simply buried recently, even seeing dropping prices on good news , post spike, or sometimes little reaction at all. In this market many investors are very short term and will take any profit available, 10% scalping is the norm atm. I really do expect an excellent PEA from Focus, but someone is in control of the price here anyway and i would expect that also to continue post PEA (maybe in higher range). We should be looking to financing post PEA, there will be those that would prefer us nearer $1 to $2 for that phase imo.
BUT
I'm ultimately here for production and i believe FMS will make it (unlike +80% of the junior market). My likely core hold here is 3-5 years to make this really pay. This is not 2009. In 2009 you could throw your cash in any old rubbish and make a return. Not anymore. You need to be very selective in long term investments now. If we achieve the milestones we need to here, PEA, off-take, financing, own plant, Graphene prod'n all will be very well for us in the future,. With the market as it is, I think we need to manage our expectations on price progression if i am honest. Just my view of retail atm.
GLTA.