RE:RE:RE:RE:RE:Back to my full positionSomething we agree on. Logical timelines are not a strength of this company. The company did talk up offtake partnerships in past news releases and logically they should have announced something big before the lock up on the placement shares came off. They didn't do that obviously.
Now they have hired a couple of companies to do promo work for them. Again you shoud do this if you have something big announce so you can get investor eyes on the stock and increase investor interest.
I am waiting to see what happens in the next month or so and then decide what to do before I head off for my summer holiday. If no offtake agreements and/or government grants announced soon (say by the end of June or early July) then I will be taking profits again and reducing my exposure. If something is announced then we are good to stay long and strong. Any major offtake agreement or government grant means that the company / government has done the due diligence on the company and in particular the RSX technology. This initial validation of the company will let me sleep better at night and will mean more offtake deals and government grants to follow.
Let's see if hiring the promo companies are a sign of better things to come or another head fake.
Good luck folks.