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clock Created with Sketch. 26/04/24
16:03
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Originally posted by y0w4ll3t:
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Unpopular opinion coming, but for the first time in more than a couple years I like the stock at these levels and am actively accumulating again. Taking the opportunity when its quiet it has been working for me in the past. The company is disciplined in their cash spending and actively getting R&D grants back. The technology has progressed further than I anticipated it would be capable of. The patent action suggest they are on to something and want the protection in place prior to demonstration where interest will be peaked. It is still incredibly difficult to value so I'm not suggesting anyone follows me further in as I have no fundamentals to back me up. There is an element here always lurking in the background of a company stepping in to JV on developing the technology when it is proven, so ultimately the path to commercialisation won't be solely in the hands of SOR; just the proving of it, which as far as I can tell they are still on the right track for.
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I mean it's a decent tech microcap stock to have in one's back pocket - the potential rewards for inventing a completely new renewable energy generation technology to rival solar (that doesn't depend on the sun) are mind blowing
