RE:RE:Other side of the coin....It is not just market conditions or spot prices,etc! It's management behavior that is the reason for the steep drop!
For
months they were promoting the financing process will be done almost'instantaneously' as Haber put it in October 2022! And suddenly without any explanation once the famous permit was issued they just changed the timeline without any providing any reasons!
That's the problem, not that the market or spot prices are volatile!
Had they said look we wanted to sign a deal but the conditions were not favorable or whatever, we want to do A,B,C to increase our leverage so we are extending the expected timeframe.
There is no word regarding the non disclosure agreements that they said signed back in September of 2022!! WhT happened to them???
The Market is punishing CRE (and us) and don't care about if we whine about how undervalued is everything!!
And since I was the only investor who pointed right after the permit that no deal until resources increase/update I can boldly say "I TOLD YOU SO" lol.
PS: doesn't make me feel better lol but what else we can do except bragging on social networks while waiting for the miracle