Another week closer and facts22 Oct 2018 09:00
Good debates over the weekend here and some well balanced discussion
Factually speaking imo we’re still undervalued given the history here pre the cln earlier in the Calendar year where we stood comfortably between 2-3p prior to news flow
Additionally the Chartists namely zaktrades believe we should be approx 2.2 right about now and broker note says approx 3p
So imo anything under these values is cheap at the moment as we’re now in a stronger position than before
Facts:
10m financing - this will fund projects in our-side and implement and install our tech and labour (more than sufficient)
No placing - NO dilution
Vote of confidence from lender - big sign for them to give extra financing meaning there is definitely something in works
Long term Investors - supporting the company
Ian Price - delivering so he’s upheld his end so far
Contracts and projects - set to be executed and come - think of the big ones like a football transfer - huge ones don’t happen over night and take time and negotiation to dot the Is and cross the Ts- provided it’s being worked on which he’s assured us it is, then I’d rather be patient than rash
Cobra alliance - imo this is will the source of the huge contracts given their size and pedigree. Last week the went to invest 450m in a renewable energy (wind) project in Scotland. Given how wind farms are a saturated market and only a one solution tech - I’d like to say cobra getting in early doors at our patented 2 fold solution means they will want to invest well to secure the partnership on contracts
Macro factors - news is full of information about renewable energy and waste management and the crisis we are in. With our tech we have early point to entry to the market and really are a global solution
Hope everyone has a good week