I will continue watching this stock if it can secure a sizeable amount of funding/debt facilities to at least give management liquidity to successfully deliver on EPC contracts. However, according to my research, the management are far too optimistic about the profitability of their facilities, or aren't factoring in the maintenance/running costs. GLTAH and fingers crossed financing certainty is soon to be closed before their stated deadline. This could give the current management a slimmer of trustworthiness in delivering on schedule for a SP bounce.
DEL Price at posting:
6.4¢ Sentiment: None Disclosure: Not Held
