eli & levardi
I admire your optimism. I have been in and out of this stock several times. I still want to believe in the potential of the products - the believe is slowly overpowered by hard and hurtful facts:
- The SP of a "new revolution" product has gone down from 30c to 6c in 2 years. Not the direction I expected.
- There's hardly any talk or updates on the original product (the CLRS - for those you are newer)
- The purchase of the GTXXXX's rigs seemed to be a perfect fit to get the CLRS shining. I still hold my sunglasses.
- The GTXXXX's come back with all good news the whole time - but haven't achieved anything REALLY yet.
- We can hardly afford the "clinical trial" in Australia of the GTX3XXXX and the GTX5XXX seems to be depending on the little brother to do well.
- The good news is... we might be going to Indonesia with a product that we haven't convinced the "locals" (the small Australian mining industry) yet. I guess they don't understand the value and benefits of our products.
We probably need another CR just for the manufacturing and the shipping cost for a trial GTX3XXX to Indonesia, with a 2nd CR shortly afterwards to cover the staff, administration and maintenance of the new project.
Sorry to be skeptic - the way it has progressed (regressed) in the past 2 years, I wonder if the current assets of the company, including the "great IP", will be worth a cent in Qtr3 2012.
Why don't I just sell and shut up? Because the little stake I have left in CKK wouldn't make a difference for the losses, but I give it the benefit of the doubt. If the SP goes back up to 30 cents I'll join in to celebrate a miracle :)
- Forums
- ASX - By Stock
- CKK
- next hole?
next hole?, page-14
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CKK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online