Dead nick, I must admit that I only recently followed this stock so I did not know all those stuff that you put out. But I cannot agree with your above statement. Fundamentals do matter. However, I think your fundamental view on this stock has not changed although this company has made much progress. The main and most important progress is that they are now actually producing and selling phoslock. There is now an income stream. It does not matter whether IMH owns 20% of the income. Main thing is, how much is 20% worth and that it is profitable. I did some calculation back a while ago based on 20% and it is good. Each time IMH gets a new order, its fundamental changes. And I suspect at this rate of demand, it won't be long when IMH will have to commission another factory.
Cheers.
IMH Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held