Wednesday, August 08, 2012 12:55:25 AM
Remember that there are some loans that will need to be dealt with, Brendan. Reducing those would help the overall value of the company too.
On the plus side of things, the mill will have a capacity to process more than the amounts covered in the $9 million in contracts, so additional income, beyond the present contracts, is a distinct possibility.
The permit approval is just the start of the work that will be needed. But in a reasonably short time profitability will be realized.
We will need to be patient a little while longer. Watch the stock side of the equation and take some profits along the way as the opportunity presents itself. It is not a simple situation, otherwise someone else would have done it a long time ago. But being in on the "ground floor" of the process, we stand a better chance to see a good return.
One more bite of the elephant!
(Does elephant go with frog legs & Grog?? Anybody??)
On the plus side of things, the mill will have a capacity to process more than the amounts covered in the $9 million in contracts, so additional income, beyond the present contracts, is a distinct possibility.
The permit approval is just the start of the work that will be needed. But in a reasonably short time profitability will be realized.
We will need to be patient a little while longer. Watch the stock side of the equation and take some profits along the way as the opportunity presents itself. It is not a simple situation, otherwise someone else would have done it a long time ago. But being in on the "ground floor" of the process, we stand a better chance to see a good return.
One more bite of the elephant!
(Does elephant go with frog legs & Grog?? Anybody??)
Don't take my word for it, Do your own research! Then you will know it's true!
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