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Wednesday, August 05, 2020 2:10:14 AM
If I were to grade them overall - C+-
The UW was needed and came at the right time, Although I do not always agree with Godbys analysis of the market, I know he is entertaining all sides.
The market will have to decide based on the companies actions.
My opinion is this:
If for example the company were to come out and say were going
to do a buy back, tests are favorable, and we are going to sign with WNP, ( All those are favorable actions) then I would guess and say over 1.00-1.50PPS, but other factors like growing interest, and we can also see that occurring and we know their are major investors just salivating over the opportunity. Major investors-Jindal power and Steel- A subsidiary of a 22-Billion dollar conglomerate of companies in India ( the largest coal producer in the world) just waiting in the wing which will inevitably propel this project- $$$$$$$$$
I also believe the penny traders will fade away in time as the PPS grows. The stock will get to expensive for them.
They might have needed money for construction costs.
Other than that I think we're on the same page!
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