ort.to/eorbf +.035 to C$.44
Orbite supposed to open HPA plant this qtr. Stock seems to be anticipating the upcoming event and assuming success.
From past experience, Orbite has several problems even after they get the plant working. They have sent quality samples to several potential customers but haven't announced any sales yet. The end products tend to be very specific to customer needs and may prevent Orbite from just running the line and selling the end result. It may need to tailor products to specific buyer's specs and have multiple short runs. This will detract from profitability. The longer term hope is that buyers will like the high quality high purity aluminum and with plentiful supply, they will use more HPA.
It's been a long wait and I still need a more than a double from current levels to break even!~ I know, should have sold.
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