InvestorsHub Logo
Followers 13
Posts 1117
Boards Moderated 0
Alias Born 10/05/2017

Re: NorCalTommy post# 87564

Tuesday, 12/13/2022 9:16:08 PM

Tuesday, December 13, 2022 9:16:08 PM

Post# of 115980
Tommy,

I'm still confident we'll hear more results from the pilot plant before the merger is completed. What if any effect these results will have on the share price is anybody’s guess, but I tend to agree with you it probably won’t exceed the $0.89 merger price. If it does it’ll most likely be short term. I still have serious doubts we will see the fully updated feasibility study with updated financial projections, including REEs, until after the merger. The forecasted completion of both the merger and feasibility study update are Q1 2023, and I think the merger has a much higher chance of happening first.

Per regulations they can’t withhold material information. I think it’s just taking a lot longer to complete the pilot phases than anyone expected.

I also share your thoughts that the biggest splash for the pilot results will be after they are on the Nasdaq and no longer a penny stock.

There is a lot happening between now and Q2 2023. I’m getting impatient sitting through the coming attractions and ready for the feature film.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NB News