Primaj
A year ago it was, we had other things to focus on such as SMSL and we were still aways from the supply, Ree prices were higher. We believed we had contracts and would easily sell out product if we overcame court cases and such. So the FA mindset was once those hurdles were removed it would be blue skies.
Now 12 months later, those hurdles have been removed but its far from blue skies. Turns out our COP is now close to or perhaps more then what we can sell product for. There is no demand for our product and no one is buying our SP.
In hindsight the SP wasnt a buy 12 months ago and now with REE's continuing to decline it isnt a good buy now. How you can put spin on the fact its a buy now is ridiculous??
this company is doomed - will dilute , page-35
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