These facts I agree with. especially the fact that they did indeed have a plane even if only a puddle jumper. Baltia at this time has no plane, maybe they will within a month or so, maybe not., But it will still be many moons before Baltia/USG is creating revenue.
Of course the possibility of success is there but so too is the possibility of failure.
In My opinion Baltia is over valued at present and will remain so for the for seeable future. With the pennies , like with the black jack tables I approach with hope that the cards will fall right, but I do not count my money until I call it a day and head up to the room.
GLTA