Don't get me wrong, i didn't mean to say they read well. They just don't read as badly as i had expected and i do think MR has been tidying up a mess and it "feels" like more of a solid foundation than a punt at a lot of different markets.
Im very far from celebrating, more feel it is another hurdle out of the way
Gutted at where the SP is but i see light at the end of the tunnel. Read much better than i expected. Business wise they do seem on the right path now so next few weeks/months crucial but MR has had to clean up a lot it seems.
Before anyone says about Stooge etc, i sold more bitcoin to buy here a few months ago so im doubly pissed off!!
I am as gutted as anyone by the sp. The company has failed to date, cannot deny that as the sp tells the story. That said, I do think it has turned a corner and I defend it because I believe that constantly bashing it will only drop it further. Seems illogical to hold then constantly bash a share, no matter how pissed off we ALL are with where it is at.
With respect Bottom_feeder, yesterday you thought the 800k was an offtake or take-off as you put it when it clearly was never the case. So it is a little hard to take your knowledge seriously. Yes, before you say it, i was wrong on SP.....
The fact you are trying to get the BOD struck off might bias you a little....
Also, i am not in this industry but do use shipping from abroad a lot and movement of goods, if you can get a site down, transported and assembled in 2-3 weeks you must be doing something very amazing indeed!!
No, before you ask, i don't know nagy, i don't work for AEG etc etc etc
Also to add, i am as annoyed s anyone about how this has gone from the start. The way placings were leaked and other leaks is awful wherever they come from. They cost the real holders a lot of money with people coming in and stealing 10%'s and hve reduced trust. I would like to think that stops as things progress.
With the difference that 100% of the business focus SEEMS to now be on Lumberton and coalswitch for the time being when before it was spread between Peatswitch, chickenswitch, NFL, METIS, superfuel, mygransswitch. Which is a hell of a lot to tackle at once for a small team.
With the other difference that they have Feedstock secured, they have site secured, they have gov backing secured, the demand is there one would assume.
I am not even saying it will go right and am sure like in any business there is a lot that could go wrong,but i am more confident than at any time so far holding this share. I thnk a lot has changed since Feb 2018 YES unfortunaltey the SP has too, i know all too well!!!! but good to practice what you preach and show a balanced view too. The news today is good and you are making a real issue over 2 weeks extra in transit when there has just been a 5 year feedstock deal agreed. The whole NFL debacle was to get feedstock and they didnt even have a plant and the share was then at 4p! Now there is supply, means and soon to be demand.
HKU used to bore me to tears moaning but he does seem balanced at least whereas others seem to look for any opportunity to bash things. "Rampers" as you call them bought into the share because they believed in it so it stands to reason they would be bullish about it publicly, after all they bought into it!? If they werent bullish wouldnt they sell and leave the forum? I don't understand those that sell, then stay here to have a constant attack on it....
Yep, its the equivalent of a timber licence i guess with 5 years supply of feedstock. Not sure where people were getting the offtake part from but its very good news as cant do anything without it and it was the sticking point in NFL
I assumed, maybe wrongly, that the testing part of the plant is operational so the extra week or 2 in set up wouldnt make that much difference. Having the feedstock is a major thing so now offtakes and funding. We will see. I at least feel much better about it all than i have in a while
Guess the feedstock is the equivalent of a timber licence in effect, hopefully without the hassle and politics? They have the site, the means, the feedstock so assuming the product is what they think it is, they have the demand.
Serious question, what are the possible barriers to commercialising?