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Re: MrRhino post# 1597

Thursday, 05/02/2019 10:11:58 AM

Thursday, May 02, 2019 10:11:58 AM

Post# of 2026
Well Mr. Rhino I see that you have thrown in the towel. The most advanced facility in the USA takes time to build and with such a project there comes delays. Some of these delays were caused by change orders which were expensive but it will lower the cost per gram of the final product. Is it worth it to add 4 or 5 months onto a facility if it makes it 40% more efficient? They now project the production price including all of the taxes and everything to be around $1.10 per gm. This will put Sunniva in a really good place.

If you really want to see this 56% loss I would recommend that you sell today. If not I would hang on to this for another year and things will look a lot different.

A quote from Warren Buffet

The stock market is a device for transferring money from the impatient to the patient