Your point is well made Nunso.
I suppose the thinking is that this could be a 35 to 40 cent stock if the oil flows and the WF facility is turned on so the 28 cent is a valuation taking in the risk that it may not. Or at least it should be based on the risk involved.
The risk is that those of us with significant long term holdings are betting on it rather than evaluating risk and potential value carefully.
We just want it to be true. We have waited for this for a long time. But this doesn’t make it true.
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