Not altogether true. I was not in it for the gas fired power stations. The real value was supposed to be in the industrialisation of the Kalina process which has simply not happened at all. In fact not a single deployment in 6 years and the only bid I am aware they ever made got rejected as they were too expensive. Their track record for achieving anything is simply zero, they have failed at everything they have tried under the current CEO.
The main thing to realise though is the industrialisation concept is simply a ruse on their part to raise funds and has zero substance behind it. It is all just pure fantasy. They do not promote because it would mean they have to deliver on something they never intend to deliver on in the first place.
As I said I hope they get the power plants up so I can exit but I think the chances are only 50/50, the old saying 'losers keep losing' applies here, it is all Ross knows how to do. We should know by June.
KPO Price at posting:
2.3¢ Sentiment: None Disclosure: Held
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