RE: Long Term Success Story ...14 Jan 2020 21:57
Yes, your on the ball here and absolutely correct lignumvitae
It was never going to be an "overnight/binary bet" type company hinging on one drill or mine. This is a business (which is fully funded) which has customers on it door step, and over 100 years of product to supply to these guys. Harvest commissioned the processing plant in June 2018, to go from this to a breakeven position within 18 months is quiet remarkable for a "new" product. Maybe its not as "sexy" as other AIM listed companies, but there is a list of companies as long as your arm on AIM that have no revenue, no cash and a million miles away break even. Yes, these might "spike" but in the end, they all end up at zero/bust... look at the numbers and work out the potential here. My other four stocks of the year are all moving up really well at the start of the year (ADAM DISH CLNR BLOE) and I haven't picked HMI for nothing. This will not be at these levels for long...