AI
Monday, December 25, 2017 12:25:03 AM
Thanks everyone for the kind words.
The original plan called for 100,000 MT within 10 years. My feeling tells me it will play out this way. Despite some obstacles we'll also have some optimization of design, improved methods and yield. So that means 100,000 MT by 2024. 70,000 MT by 2022. And you can fill in the gaps.
In 2018 we will see more ODRAS. And construction of building nr. 3. Taking us to 14,000 MT from 9,000 MT currently. I see construction of 6 more buildings starting in 2019. And another 9-12 buildings two to three years later, targeting completion and full production by 2024.
In 2016 I expected a turnaround would happen in Q2/2017. And although the COSO was a big success IMO, the market didn't appreciate it. Not helped by a number of delays and missed targets, close to 4M (collateral) shares have been dumped the past 6 months passing a verdict of $1 per share. That's the easiest way of analyzing 2017.
Special thanks to Peter, from me. Who must have had a really tough year.
Let's hope we get a break next year. Geez.
And now it's back to watching Game of Thrones to get me through these holidays
The original plan called for 100,000 MT within 10 years. My feeling tells me it will play out this way. Despite some obstacles we'll also have some optimization of design, improved methods and yield. So that means 100,000 MT by 2024. 70,000 MT by 2022. And you can fill in the gaps.
In 2018 we will see more ODRAS. And construction of building nr. 3. Taking us to 14,000 MT from 9,000 MT currently. I see construction of 6 more buildings starting in 2019. And another 9-12 buildings two to three years later, targeting completion and full production by 2024.
In 2016 I expected a turnaround would happen in Q2/2017. And although the COSO was a big success IMO, the market didn't appreciate it. Not helped by a number of delays and missed targets, close to 4M (collateral) shares have been dumped the past 6 months passing a verdict of $1 per share. That's the easiest way of analyzing 2017.
Special thanks to Peter, from me. Who must have had a really tough year.
Let's hope we get a break next year. Geez.
And now it's back to watching Game of Thrones to get me through these holidays
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