announcement will be out next week, page-19

No point crying over spill milk, I bought more around low 3s, before they change their mind and have the last CR at 2.5, But now my overall average buying price has come down after buying even more at 2.2. Will buy even more if it hits 2.0. I agree with the majority that this is a disaster CR.

But moving right along and trying to be positive here, if it is materially sensitive either good or BAD, SBL management has to announce it. To date, there is neither, all we can do is to give Bill a benefit of the doubt and sit back and chill.

All I would like the management to do now, is to make sure everything is done right and proper before they start full operations (probably tolerate one or two weeks more of them tinkering around the edges to increase the reliability of the production plant).

Of course the delay cannot go on forever (without revenue), as it drawdown on their cash position, especially if they have quite a few employees working and other expenses at the plant already. As one poster rightly pointed out, we do not want another CR. Everyday of non production will cost them, IMO, based on that pressure, they will (IMO) very likely have to break some news sooner than later, good or bad. But for our investor's sake, they better deliver.


Quantum46
Do your own research