I agree with you Resolute, how could anyone not believe in this...

I agree with you Resolute, how could anyone not believe in this story. This company has the potential to become a major player in the global market and that is somewhat mind-blowing. There is still much work to be done to get to that stage, but the potential is there.

Some of the numbers that I've been seeing on other threads are amazing and I've confirmed some of these myself. However I think it is difficult to gauge what the profit margins are and their impact on SP given we really don't have the full picture on the demand side yet. If anything demand might be underestimated which is a good thing as it keeps expectations realistic.

I guess the difficulty would be trying to holding off on a BOA for long enough to ensure a reasonable price for the product (if a fixed price contract) or to determine what impact increasing demand is currently having on the selling price (if market based).

Although the recent fall in SP is surprising, I find it difficult to believe that it will remain at these levels for much longer. There are just too many future factors involved that should positively impact the SP.

So, we wait for the DFS and be (positively) surprised once it arrives.