Cassandra Oil (CSSOF)

[snow]

I think Things are more complicated than that. I remenber Gententech from decades ago. It had no Income but a serious of promising medicines. It was valued at billions which turned out to be justified. It proved to be an excellent Investment.

What is difficult is to assess if and when great potential will be turned into real profits. To me it makes little sense to say that today a fair market cap for CASO is for instance 5 million dollars because it has no Income but in March NeXT year a fair market cap may be 5 billion dollars because it turns out that it is able to generate the sort of profits Anders Olson has projected per processor and hundreds of processors can be expected to be delivered. Neither would it make much sense to assume that the market cap should reflect only the processors that have started producing when there are contracts for many more processors and there is a strong likelyhood that more contracts will be signed.