I note your phrasing "if funded".
The three Ecuadoran LOI's are quite long in the tooth since the press release.
Our company has not issued a statement (a press release) giving a status update on those projects.
There has been no local language media coverage of these great news contained within the press releases. Never.
Even the Mayors named in our press releases have said anything on their own social media pages. If it such a great news story then why haven't they tooted their own horns by saying "look at what I brought you".
As for being worth a buck a share, it is only worth the some multiple of the cash flow coming back to CLNV. There will be a fair bit of debt to payback leaving very little to us.
In the absence of a press release updating the shareholders on these three projects, I suspect that they have been using brokers rather than principals to invest in the project. In other words the deal is being shopped around. When the length of time is too long, I would think that our management would try to find another broker to shop the deals around. Rinse and repeat.
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