March Quarter Report, page-68

I guess i both agree and disagree, I can see the pessimism this forum is rife with it.

That compound Tech agreement is binding so i guess it is forthcoming in a sense? It's worth about 21.6M at todays exchange rate which is about 2 more years of revenue ... enough to get the company out of COVID times. If that deal goes through before their cash reserves get too low the SP will rebound to something more decent.

45c a share gives TTT a market Cap of 68M which is already quite tiny, at what point does the market cap begin to fall below actual value?
Any investor selling now must really think this company has a solid chance of going bust, but with enough cash 3 Quarters of revenue and a binding contract likely giving them another 7 quarters added to the fact that they have no debt, is this even a serious thought at the moment? I would put this stock at High risk with high - extremely high potential reward at this SP