I own my Orbite at avg cost of C$2.26 so I have a small profit so holding is not painful.
This is a capital intensive industry. It will take a long time for adoption of Orbite's technology at all levels. The successful construction of an SGA plant is the big step. If Rusal believes enough in the process and JV's a big plant, then Orbite is on their way to having their technology used across the board. The remediation of red mud will take decades and hopefully companies will take responsibility for their past production and use this process to clean things up.
The potential for Orbite is enormous and so I am here for the long run. At this point, I don't see why I would give up unless mgmt can't cope with growth or they don't stay focused. There are so many possibilities for them that they have to pick the right opportunities and execute. Enormous growth brings mostly mgmt challenges and time will tell if these folks are up to it.
But the technology appears good so far and they have patents so I think this is a buy and mold stock. It will have ups and downs but could dominate one of the core industries of our society. You don't get many chances like this in an investing lifetime.
Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.
If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE
