Investors have to understand that the permitting issues spooked the market a bit. However, I think it's important to understand that there are no permit issues, only appeal issues. In my opinion, these issues should be resolved within the next 3-6 months. 3-6 month delay is not a valid reason for the stock to be down this much.
There is a good chance that after the appeal is over, there isn't much additional stock that will be issued.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.