WAF valuation, page-123

Richard’s job is to steer this Company onwards to production. This is what many of us want and gives us the best chance of realising gains out of our Investment.  I have no doubt Management fought tooth and nail to prove up this deposit prior to the fund raising. There is NO confetti give away of shares just the reality of raising US$200m+ for a project in BF. 

As a shareholder, I don’t want him fixated on short term share price movement. That’s what the worst CEOs do.  They destroy Companies long run in the process of making them look attractive at a certain moment. Then, they run off to their next gig. 

Everyone here here knows the risks. If you’re in it for the short run then you get cut up if the share price goes against you. The long term Investors don’t care - shut the market down and come back in two years.  

Is the share price being manipulated down or are holders just quietly selling out because they don’t want to be invested in BF over the next 18-24mths it will take to build the mine?