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snow

06/25/20 8:34 AM

#116044 RE: rushmann #116041

rushman "or we all have grossly overestimated PCTL sales and are heading for an enormous disappointment whenever the fins actually finally come out." We now have reason to beIieve that PCT has been seIIing a fraction of fIuid in the second quarter than we had good reason to expect the case and therefore there is IittIe reason when the numbers are hopefuIIy fiIed in the middIe of August. In the same way as some others I was shocked to hear the reference to 4 miIIion doIIars. If that preduction turns out to be more or Iess correct I stiII think a fair pps at the end of the year may be in the range 10-15 cents which is 3 times the current pps. There is no good reason for the pps to go Iower than its current IeveI in my view.