@ Ricmond88,
I can see how many will read the Presentation and decipher that a Company Making contract might be some time off.
What i can say from previous meetings and from the Presentation is that they are going down a strategically planned, methodical path that has in part been dictated by it's clients. ( We won't sign up to a $50m plant with a minnow that's been around 2 minutes unless it have some decent financial and technical backing ). The clients want a company that can prove its credentials, that can offer a full end to end waste water solution service and technical know how.
I've heard this since December. Hence the acquisitions and PPS.
PPT is working on the company making contracts. Parkway Ventures will hold the licensing and annuity contracts.
The reason I dont want to sell even half my holdings to chase the next best thing ( especially those my brother is spruiking to me NVX, AVZ, BRN, GPR and a few others ) is that I see a company making contract dropping before year end and the share price catalyst craps all over any other stocks potential others are presenting right now.
I've said this many times, there are very few stocks on the ASX right now that offer the potential that Bahay and his team at PWN offer in terms of 1, 3 5 and 10 year returns.
Give you an example, my brother ( who's ridden BRN from 4 cents, NVX from 27 cents, 4DS from 3 cents and still holds) and a few others is giving me AVZ and it's potential to develop the world's largest lithium deposit in the Congo. So i did some research. Do I like it, not any more. In late 2016 it was 1 cent. Now it's 28 and am being told it's on its way to $1. Ok.
So what would I rather be in? PWN at 1.4 ( and I have property settlement funds coming, not quick enough mind you ) looking 5 years down the track at a 20 cent plus company or any of the stocks others say have great potential?
I'm sticking with PWN. As I read these questions and posts, my position and conviction about PWN becomes clearer and clearer. I can't wait for Monday night and that chat with Bahay. I am sure, that it will clear up a lot of things for me. I don't sit there and just accept the story, been around too long, talked to too many CEO's to know when i see bullshite or not. I am going to ask the hard questions, like i do at every meeting.
Here's the other thing I quiz my friends and family about in their investments. How much skin has the MD and leadership got in the game. If they own bugger all, their just collecting a salary, if they have 5-10% of the company, their interests are aligned with mine. AVZ execs own less than 5% of the Company, whatever.
More to come Monday night, keeps those questions coming, will answer them over the weekend if we've seen and heard them before.
Mr M.
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