To stabilise the price, WPG doesn't even need to do anything...

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    To stabilise the price, WPG doesn't even need to do anything besides announcing a *plan* to have the current quarter a cashflow-positive one, not some time in 2018. It would quickly go back to 4c. Then a delivery of such a quarter would boost it up to 5.5, 6c. Maybe you can find some more sophs at this price, but a second cashflow positive quarter would make the demand very strong, 8c, maybe even a run up to 10c, and then we can do a big capital raise. I don't know how it's done - I think even high grading it so that this can happen might even be ok.
    Last edited by meric: 02/10/17
 
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