This stock seems a good buy to me however the share price has...

This stock seems a good buy to me however the share price has done nothing since its debut. Why is this?

Is it because its projects are relatively minor? i.e low risk low return?? The mkt cap seems extremely undervalued even so.

TEX seems to be in a very sound financial position..plenty of cash and an announcement to say it will be cash flow positive in the near future. I would have thought in this climate of uncertainty,more investors would be interested in stable stocks such as Target rather than big promise 'blue sky' companies.

Will see what happens in the coming months.

Just for the record I do hold having purchased some months ago.