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SooS416

08/08/23 9:43 AM

#62485 RE: gemstone57 #62483

More we now see the more COVID seems to have really delayed what they planned on doing.

Outside of the immediate shutdown and associated staffing issues, energy stopped producing, raw materials were impossible to get or insanely expensive and now seeing the vast international presence they have there was zero chance of shipping and deploying industrial equipment overseas during COVID period when household goods were having backlogged shipments.

It now seems everything has caught up with itself and MVNT is now ready to do what they said they would do years ago. And their international exposure is extremely positive as it insulates them from US energy politics and with Russia issues there will be plenty of expansion in oil production in test of the world especially if the US continues to produce less for "environmental" reasons.