Thanks for taking the apparent inconsistencies in these two posts to task. The gap may be explained by the following which are entirely my own observations and feelings between then and now.

Like most on this forum, I had expected substantive news that would be considerably better than what we got. That is my fault for being overly optimistic. Management has made all the right moves operationally and strategically, so the disappointment was not their doing. I do feel they have communicated well particularly at the level of the pre-McF shareholders.

Simultaneously, I had real trouble trying to figure out what management was actually saying relative to its implications for valuation, (and I still feel that way). Not blaming management for my setting the bar too high, I was disappointed with what appeared to be a major (often negatively framed)discussion regarding the propriety of various posts in the week following that clarified little. I have a large holding in a diversified portfolio, so body language is fundamental to my confidence in the overall situation and that remains a little shaken. The sensitivity of whoever to regulators and their impact on communication governance was a further sign of weakness, regardless of whether bonafide or not. Remember all info voids and waffles are filled with negative assumptions by holders. The insider holders perhaps even felt the retail market had too much info. It would be nice had those added options been delayed a bit given the other issues. Sort of a "deodorant" type issue related to governance. I think they have earned it but I am not the market.

Meanwhile, market conditions for spec metals/mining stocks have deteriorated , and my conclusion is that combining the two factors will temporarily keep new buyers away regardless of price. Existing holders generally will be reluctant to add if they feel management is less confident or reluctant. This suddenly became a "show-me" stock in a less than confident market that will not see lower price as a "buying opportunity" though not a falling ladle either.. I feel somewhat sorry for non-diversified legacy holders who feel in a bit of a vacuum. The stock will IMHO trade down further until new money steps up. The increased risk is also now in the time gap to demonstrate value that must come well in advance of more dilution at a lower price. Nothing fatal, just market awareness/nervousness. So, management is not complicit, but seems to have lost some of their sensitivity to the market realities.