Thanks everyone, great replies and info, and a good open and honest conversation on this thread, which is one of the good things about shareholders in this stock. And thanks to Jasmine for the reply from Barry.
I bought some more at 24 cents today, my third tranche, so I'm now going to sit and wait.
My expectation is that by years end they will raise another $50m through debt funding and financiers, and then spend all of 2022 building the new plant, as stated in the interview. I assume there won't be any major cost blowout. It might also be nice to have a small retail cap raising sometime during 2022, maybe with some options thrown in, just to reward long time holders. I'm good with this, because of the new technology that can be incorporated into a new plant, and I know these guys love new hi-tech, and especially anything that leans toward being carbon neutral.
Let's see how this goes, it might be a slow and steady rise, I'm not expecting fireworks. With some luck and a great deal of management effort, by mid 2023 in two (2) years time it might have doubled in share price, because these days, a 100% profit over two years compared to bank interest rates of only 2% or less is a very good result for an old fella like me.
Gw
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Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.46M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.5¢ | $29.91K | 825.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 77732 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 170421 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 77732 | 0.035 |
3 | 318409 | 0.033 |
3 | 1343780 | 0.032 |
1 | 5000 | 0.031 |
4 | 333300 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 170421 | 3 |
0.038 | 721845 | 3 |
0.039 | 640000 | 2 |
0.040 | 451062 | 2 |
0.041 | 377200 | 2 |
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