I raised concern what feels like 2 years ago on how the company justified a $3bil market cap.
$700mil looks better but it is still based on a lot of faith. No forecast earnings for the next 2 years in fact the forecasts indicate a $100mil loss per year. I do not question the science I am more concerned about who gets to market first. No doubt there is a lot of upside but not convinced the management are going about it in a manner to instill confidence.
Happy to be wrong on this one but just cannot bring myself to invest. Would want to see some real revenue first or a company review that I can understand. Too many company write-ups I have seen focus on the big sky in 4-5 years but have very little on the journey to get there.
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