If you can wait, just wait for another 6-9months. Based on the cash flow, it probably will have another round of cap raise which you may/may not take to average down. I can't give you that advice here.
Or you might wait for Q2 announcement, they might give us an update about the continuous kiln, no matter how good or bad of the announcement. It surely will create some spike and definitely volume.
Based on my rough estimation, your holding is currently higher than the volume traded on a daily basis which is very difficult to offload. Don't forget there are still many who got in at $0.015cents in the November cap raised.
Or think about it this way, if you slowly offload now, take the loss. And invest somewhere with greater growth. You might even feel better.
CTW
citiwarrants
Ann: CitiFirst A200 Instal MINIs Distribution Announcement Final, page-5
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