Is Minesto at the beginning of a shift?

Market psychology matters—not just in the short-term daily noise, but also over years. It's easy to forget that when you're looking at a chart, you're not just seeing technical levels—you’re seeing human emotions: hope, euphoria, panic… the entire cycle of market psychology. And this plays out continuously across all timeframes.

The image below, for example, shows the timeframe from May 2018 to July 2019—a one-year span.
Here, the full market psychology cycle is clearly visible over a 12-month period.
https://www.tradingview.com/x/XW0bRvq7/

So what are we seeing right now?

Perhaps the early stage of a shift—when most people still doubt.
Perhaps the beginning of disbelief gradually turning into renewed hope.

Disbelief is often the stage where the price starts to move upward again—but few believe in it. Sentiment remains cautious. The fear that “it’s just another disappointment” outweighs the willingness to act.
https://www.tradingview.com/x/hqVKnwYT/

Why we’re at the beginning of Disbelief and why valuation could rise!

We are likely in the early stages of Disbelief, where price may start to recover but few trust it.
Minesto’s project is structured in phases, and historically, markets tend to price in future success long before actual cash flows. As each milestone—installation, stable production, and operational agreements—is reached, the company’s valuation is likely to increase.

With a 200 MW long-term goal and a business model generating recurring revenue through operations and services, a confirmed order could mark the shift from hesitation to recognition—and trigger a significant revaluation.

This is not financial advice—but it is a reminder that psychology and fundamentals often move at different speeds.
And it’s exactly in that disconnect that opportunities can arise.