I remember Edison doing a report on Continental Coal in 2013...said is was worth 14 cent ($1.40 post reconstruction) Now worth less than one 1 cent and suspended.
Even Edison say that wont be cash flow positive until 2017.
That also assumes that the revenue forecasts are met and the contracts deliver what is anticipated.
7,136,832 shares come out of escrow on the 24th July 2015.
If the market cap was closer to $5 million and not $30 million, I would be tempted again.
Cheers
Ann: Initation of coverage by Edison Investment Research, page-6
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