There is always risk of execution and nothing is a sure thing in the stock market, but given the extreme level of undervaluation of the company and how much progress and derisking of the project management did achieve in one year without being reflected in the stock price, IMO the odds are stacked in our favor, at these levels the downside risk is limited and the upside potential is blue sky.
We are now fully financed, refurbishment is almost finished, we have a serious sales contract in europe, and stock options to be exercised to finance expansion studies and construction of a new bigger plant with limited further dilution.
I believe the probability this is a 10x multi-bagger from current levels is serious and real.
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