BRIG_88
I think it makes perfect sense though disappointing for any current shareholder. What I read out of this is the realization that they do not need to go to the capital market to finance their expansion plans anytime in the near to mid term future or even further. So what are the advantages to have shares listed at an expensive exchange? None - as there are only obligations with no feasible gain for the company. The only one really loosing big time (on a large scale) on this is the majority share holder and if he thinks he is better off building the company within its own confines that should tell you something. I think he really sees the expenses associated with being listed here in the US as a waste and being put to better use (w/r/t ROI) by accelerating paying for the land and pulling in the schedule for the next mill.
This could also mean (and that, of course, is pure speculation on my part, just like the above reasoning) that the technical difficulties have finally been mastered and therefore it is a guaranteed revenue/income stream with good margin to help with the expansion and pulling it in now that technical problems have been solved successfully (again speculation at this point) allows for further growth as it's not questionable anymore whether they would operate the new mill under difficulties, as it would make no sense to actually start that mill if the problems are still hampering the profits and you don't want to spend extra money while having to solve them in two locations at the same time.
All this makes sense to me and is consistent with some of the reasons listed in the PR. Is there a possibility that there is something "fishy" going on? Sure, there always is as long as we don't know the facts, but this makes far more sense to me for all we know about the CEO in charge as his main interest always was the healthy growth of the company and not the best interest of us shareholders.
This does not make it any more pleasant but is another spin on the event before us that has just as much merit as your speculations and we will have to see how the market reacts in the morning.
I have sold out a while ago for different reasons (needed the cash) as I still do believe in the company and was thinking about buying back in at these levels but now will hold off to see how the trading develops and what tools will be available.
Keep in mind that they still plan on reporting on an informal but audited (at least the yearly financials just like they do now) basis, nevertheless, on their web page.
Sorry for the lengthy comment...
Cheers
