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Until everyone accepts that in the current environment the...

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Troydt

4,043 Posts.

1112

17/06/23

11:02

Post #: 68337046
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Originally posted by stockhakker: ↑

Totally agreed. Once upon a time there was (and still is) a Canadian company called Cielo Waste Solutions. They are establishing a process turning garbage of any kind (at least that was their initial intention) into Renewable Diesel. Somewhen in the first half of 2021 they appointed the "honorable" Peter McKay to the board, a politician "with best connections", since they wanted to get the official approval to turn plastic waste into Renewable Diesel (at least this is what I remember from back then). Now, 2 years have passed in the meantime and since then no one has ever heard anything else from this "highly respected" politician other than being appointed to the board two years ago. I guess he simply gets some money from the company each month just for doing nothing.
Meaning: Politicians on the board are likely worth nothing or even less...

Apart from that: Somewhen in February or March this year I wrote several times that I'm seeing issues with the EPA approval. Issues with getting these in the near future. And I wrote that I found it weird that TMT was performing so poorly compared to other vanadium stocks.
The sentiment back then was, that EPA approvals were almost certain and a no-brainer, so to say.
And now? Where are all the bulls from back then accusing me for being too negative? Where are those, who repeatedly posted rubbish like "Buy, because this is the last time you get the shares below 0.30"? Blabla...
Just to make it clear: I'mby far not a short. I do not even know how shorting works and if I was able at all to short via my account.
I once owned well over 200k shares. Now, I still own roughly 130k, because I sold approx 100k some time ago for approx 0,34 per share. I am long.
But relentless pushing a stock without questioning anything about a company is simply annoying and kind of stupid.

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Until everyone accepts that in the current environment the market will use any excuse to send share prices lower…especially non producers.

On the contrary the moment a company releases significant news in terms of permits / BOA / finance etc look out.

TMT trades at a 90% discount to any relative NPV model no there is more upside than downside.

I would say to anyone sell at your own risk.

Your right the delay in permits has been frustrating but all the other V stocks are only at the permitting start line and TMT is nearly at the finish.

Our time is now all the others could be 12-24 months behind and who knows what regulatory changes will be in place in another 6 months.

Ian and the team are on track

i would argue 4-5 posters setting a paranoid sentiment on this forum the last month.

TMT Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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