20 trillion oil in sa, page-9

I see they're making the claim that they can produce algae oil at around half the cost of conventional oil.

The market obviously doesn't believe that. No large investors believe that. If they did, the share price would be multiples of the current value. If you do, bet the house on it.

Making such an optimistic claim worries me. Generally it's only pretty dodgy companies which make claims which go beyond the boundaries of what seems to be obviously realistic without anyone taking them seriously. If this is a case of no one believing such an amazing story strongly enough to put a lot of money in despite the claims being genuine, well, I guess it's just a matter of time before you shareholders are all multimillionaires. I've seen plenty of big claims and wide-eyed holders turn into angry people who lost a lot of money. Especially when it comes to the green energy industry - everyone wants to get in on the story, the media adores this sort of thing. It just doesn't add up when they make that sort of claim and no one takes any notice. You also scratch your head when they make such a lofty claim without being specific about it. If you actually have something so incredibly wonderful, you don't just make a vague statement about it, you back it up, because hey, if it's true you can verify it, and you would damned well want to verify that one. If I came up to you and said I made $50,000 per year you'd probably believe me. If I said I made $200,000 per year you'd probably still believe me but have doubts unless I had a reason to tell you and a way to back it up. If I said I made a hundred million per year and wanted to borrow $1,000 and promised to give you $10,000 tomorrow you'd not believe me. I find this production price claim very difficult to take seriously.

Good luck :)