RE:Catalysts to Development & Share PriceGood points and agree.
My theory/speculation...
Management knows that all they can do is continue to drill holes until the road and transmission lines are built. Electricfication is around July 2024 according to filings if there are no delays. Not sure about the road but maybe at the end of summer 24 since its probably a short season for road building. So at least 18 months before any serious operations can start to be built.
So perhaps there's no incentive to be more transparent, nor more proactive building up institutional investor base to ramp up the share price and get some excitment into 2024. Perhaps management (and for all I know the Board) want to load up on as many cheap (eg $2/share) incentive plan options as possible before letting this bird fly. So we get diluted over 2023, plus another funding round in early 2024, plus another management incentive plan with some cheap options. Makes it a dead stock for 12 months.
I'm not experienced enough in this area to know the signs or what to look for. Just an underlying worry that our FL is not fully in the game.