Hi Munch
The reason I know the production cost is that I rang the Chairman & MD & asked them.If im putting my hard earned on a stock I research it as much as I can.
They cant get approval until the production facility is running at full capacity 6-9 mths away.
Of course they could have problems thats the risk you take with speculative stocks.But you have to weigh up the risk reward & see if its for you.
It is for me but it may not be for others.Why do you think instos wanted a piece of it at $2.50,they must see some potential.
GMc
what is a reasoable value, page-10
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