WFL 0.00% 0.3¢ wellfully limited

13.5 close tomorrow, page-63

  1. 2,226 Posts.
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    Hi jm69

    I think it is important, as any spec miner we get carried away with valuations and test results. LYC had high ree prices and a plant that would produce at double of what it does, then construction starts and everyone gets frustrated with delays and expectations and in LYC case falling prices.

    OBJ same sort of thing market got ahead of itself with expectation of product releases then frustration and delays set in price falls. LYC starting to get better revenue to a profitable point, the light can be seen and movement is starting. Obj is a bit behind the same formula. A few more products and by then revenue will allow profitability and price will rise again.

    LYC was over what 14 years to get here, obj getting to the same time line
 
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