opportunity, page-5

  1. 2,861 Posts.
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    Arnit
    The cash flow was quite bad as the net cash burn was higher than expected plus the news that they were looking for news partners in China was also not good as it almost confirms that the the old China UCG deal is dead.

    The oil report however was good and confirms that the company shouldn't have any more cash flow problems going forward.

    Clearly the shorts have hit the stock hard today so I'm going to hold the small amount I bought this morning and wait and see where the stock goes before topping up.
    If it goes below $2.00 I will be buying more.
    I'm not saying it will drop that low though but it could.
 
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