Good points made by all, but seem to forgetting some basics.
1) The price of oil will forever increase, like the stock market it may have its low's from week to week, month to month, but inevitably will rise again and higher than the year before, as it is by far the most precious commodity, without it almost every other sector will grind to a halt and hinges directly off it.
2) Although Fossil fuels are in abundance now, we are consuming more, not less, and there is a push now more than ever to develop the fuels of the future.
3) Government plans to cut back the fuel rebate scheme meaning substantial cost to mining and industry who normally rely on these rebates to make the cost of diesel justifiable.
AR Fuel's has built a solid foundation, and we should not expect fast growth or dividends in the near future, however like mentioned in an above post, we are at rock bottom now, so if you are an investor and not just a share trader, and had the sense to buy and hold at this rate, then I believe this is going to be one that pays big in the years to come.
In my mind this company tick all of the boxes, Fuel and Energy, tick, Alternative - Renewable Fuels, tick, Losses Decreasing towards profit, tick, niche market, tick, Interest from mining sector, tick, the list can go on.
I am not suggesting this is not a high risk investment, but it is however one that makes sense.
AJW
TEK Price at posting:
99.5¢ Sentiment: Hold Disclosure: Held
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