Is it just me, or does it appear that the market still is completely unaware about this stock?
We just had an announcement saying the pilot plant has been successfully delivered, the drilling is complete and everything is ready to go for testing in early march.
So far, everything has been done that Regal promised would be done.
So why no increase in price? It is a fair milestone for a company like regal to get a plan, stick to it and deliver on time.
In a month's time, we potentially could have results which will allow us to convert underground coal to crude oil, revolutionalising the oil world.
Yet we are still stuck in the 5 - 6c range.
And on top of this, the buy side is looking very dry.
I don't get it - for a stock that within a month or so time has the potential to hit the roof, there seems to be very little interest.
Is there something I am missing that someone would like to share with me?
NZC Price at posting:
82.5¢ Sentiment: Buy Disclosure: Held
