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Re: Tamas Nagy post# 8007

Monday, 04/05/2010 11:49:35 AM

Monday, April 05, 2010 11:49:35 AM

Post# of 19687
How do we calculate the value??.......Add power is not paid for yet...........and can't be paid for until funding..............and we don't have funding yet...........so what is the value?

Even if you get 5 to 7 million against how many outstanding will it be at the time?

All unknowns and risky at this time and hard to value.There are few people who can buy it and nobody knows what is up with the chill or the financing yet?

this is like an option , IMO..............time erodes its value.the more time passes the more the perception is that it will not happen. It is the market at work. It could be a great buying opportunity or it could still be an exits point.

I don't know which it is???