My understanding is that there is more than 1m in cash still in the bank and there is some modest income from the other well in the U.S. This stock once has a sp of close to 60c.... This could be the beginning of the great comeback, although I think most of the old investors would be happy to see it back at 20c. Sounds like there are some great assets with alot of potential. What is the view of management though? They seem to be very conservative with the cash burn and the CEO appears to be great at presenting and hyping up the story. Why is the sp so low still? So many assets with so much potential and a management team that seem very conservative. Thoughts??? Is this stock going back to 20c or higher? What else does this company need to get it back to its former glory?
ABL Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
