Management tells me in superlative terms that: * They delivered...

Management tells me in superlative terms that:
* They delivered “world first 99%+ purity graphite concentrate”
* They “are not aware of any deposit that is capable of producing 99.3% grade concentrate by standard flotation alone.”
* Mahenge is “the best undeveloped graphite project globally"
* They have delivered an “exceptional optimised Preliminary Feasibility Study (PFS)”
* They have “a post-tax unlevered project NPV10 of US$905m”
* Mahenge “has the potential for a long-life, low capex, high margin operation.”

The market tells me that the share price has been heading south at a constant 8.5% per year over the last 21 month and nothing indicates the declining trend may change

Who do I believe: Management or my hurting pocket?

Cassandra