I’m prepared to accept everything 2ic outlines in his post as...

I’m prepared to accept everything 2ic outlines in his post as having played a role in our epic price reversal - anticipation of a cap raise, diminishing returns on drill results, BF security concerns (obviously) ... all magnified by a discounted raise, financial market correction, worsening technical signals & (probably) manipulation at the edges

Ok, so then what? If one accepts resource company valuations tend to oscillate wildly in either direction (which accords with my own experience), and WAF has seemingly plummeted below what any reasonable person would consider ‘fair value’, the question remains - what is a reasonable price point for WAF and what is the catalyst for us to begin moving in that direction?

Market is looking for a signal to jump back in, but there’s no reason we won’t see more 4% daily drops unless a circuit breaker emerges. 2ic’s post, for all its good sense, is too overarching in its perspective. It lets mgmt off the hook. Mr Hyde is the man in the hot seat, he needs to regain control of the narrative here