I think the only thing that’ll turn this down trend around would...

I think the only thing that’ll turn this down trend around would be an announcement regarding revenue generation of some kind. For example, that NY was ready to produce, or that Nachu in Tanzania is financed and ready to mine. 

I don’t think an announcement about feasibility studies being completed would even make a dent at this stage. Nor would news about further battery factory MOUs (evidenced by the recent India announcement).

Unless something groundbreaking comes out of left field to generate revenue, I think this’ll be a tough slog for the next 2 years at minimum. I reckon if NY ends up being a successful venture in 2020, the stock will run up into the 40’s and you could buy it then with far less uncertainty than taking a gamble now.