reading between the lines the directors are saying that $1.30 is way too cheap and the forecasts for Caspian are EXTREMELY bullish, but cant put hard numbers on that as yet. the fact that they are leaving inventory idle in the Caspian losing money is testamony to their confidence that big things will happen,but probably not for 9 months or so.
However, anything can happen in the meantime, so there is always risk until the contracts are in the bag. The question is; do you trust the directors ?
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