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Re: GE_Jim post# 3114

Thursday, 10/15/2020 9:11:32 AM

Thursday, October 15, 2020 9:11:32 AM

Post# of 4088
It may not be the huge blowout results most were looking for this quarter - but for those of us in this for the long haul this release couldn't be better after I've dug in more. Regardless of naysayers - this company is doing exactly what they said they were going to do, and they're doing it successfully. Pivot from toll extraction to product sales and their "future" growth category saw a 52% revenue increase QoQ. One can only assume that these are multi-year contracts which should mean the revenue rollercoaster just found flat ground and should do nothing but climb from this point forward. This was a HUGE pivot and I am now a huge fan of this leadership team. If they have as good of a Q4 as they did Q3, we won't be looking back on these levels again. My guess is the overall market won't see it this way and we may be headed lower for a while - but one quarter from now everyone will be singing a different tune.