Ann: Amsterdam Site Update, page-20

Those are two great points, Stocktrain.

If I remove the question of feedstock meeting capacity, I struggle to come up with negatives that aren't explainable or simply attributable to its status as a start up.

The anomaly here is the weak price.

I've said this a few times, but I suspect that's been driven by one forced seller.

Anyone who, on a daily basis, pays close attention to the orders and the side of the bid/offer getting traded will have seen this in recent months. In an illiquid stock like this in pre-revenue stage, that's what matters.

Once they are done selling (maybe they are already?) the only way is up IMO.

And once the company get their first revenues in the door this stock shows up on a lot more investors' radars. This isn't far off either...

Assuming the latest targets are hit: First fuel to be produced in late November, and first sales in December (offtake agreements mean that everything produced already has a buyer).

I don't mind the company being quiet and not spending big on marketing at this stage. Nothing wrong with running things lean before earning revenue. In fact I'd be more worried if they did.

Let's just get those first revenues through the door.

Anyway, I'm long this stock, so of course I'm bullish.