Thank you everyone for bringing this board back to life... For me we have reality vs dream here. Reality is, the company has an unproven technology and the one chance they had to prove it in a small commercial scale, has failed. Management doesn't even mention Albania anymore, so face it the venture was a failure, period. Fact, 20 million shares are hitting the market shortly and we are getting close to the month of May, where most intelligent traders sell and come back in August/September after the market has had its usual summer slump. In the absence of news, who knows where the share price could go.
Now, for our hopes and dreams... Yes, a supply agreement will rocket this thing, and debt financing will show confidence of bankers/investors, putting their money into this venture... but is it coming? Someone mentioned releasing news before the shares hit the market to soften the blow. Well, if they have no news to release, what are they going to do, reaffirm their intents again? And about that article, we all know with very little money from the PR dept, one can have such things written, but what does it say really? An unproven technology that could have tremendous potential, heard that before?
I realize this is an extremely risky venture with blue sky and all that, but has anyone considered what would happen if the only thing we have going for us, the contract in Iraq, hits problems? Say another part of the government, or some newly appointed officials, start disagreeing about this sweet deal and decide to renege the whole thing...Think these kind of things don't happen? Of all places in Iraq?
Guess if you have extra cash you don't need and want to risk it for potentially a big payday, very much like the lottery, you can throw it at this thing... but one has to realize that right now this company could not be considered an investment, we are at the roulette table, so place your bets...
Best,
Simply
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