In micro cap world, corporate structure is equally as important as the project. Not interested in EV1 ‘catching up’ to WKT.
WKT nearly half billion shares on issue, unfavourable funding terms of project costs blow out, register full of retail investors, suspiciously low CAPEX from non-transparent study provider and a founding director and major shareholder coming off the board right before critical project delivery stage when sh*t most likely to hit the fan doesn’t interest me
The only experienced EPCM execution projects delivery person currently on the board is NED Phil Montgomery who is part time and currently has his hands full as director of SO4 who just went into admin due to project budget blowing out.
But I do hope they make it and the budget doesn’t blow out too far.
Massive cost blow outs will be bad for the entire industry.
it’s good comparing peers, but I came here to discuss EV1.
Anyone got thoughts on that?
EV1 Price at posting:
57.5¢ Sentiment: Buy Disclosure: Held
