GREY:BIXZF - Post by User
Comment by
fjrmotoon Jul 21, 2012 9:55pm
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Post# 20139165
RE: RE: Fraser Mackenzie
RE: RE: Fraser Mackenzie I think prudent caution and the size of the prize is the reason that the share price is trading within a half penny range either side of .105 cents. With regard to a qualified opinion, unless GEA as experts in their field don't want to look incompetent they can hardly go back on phase 1 findings which they confirmed with stage 2 of their report, and as we know, they found the technollogy is robust, feasible, scalable and with compelling margins... which would be found attractive to multinational companies.......The third and final phase is supposed to be a costed material breakdown complete with a detailed blueprint for plant set up, with lead times for equipment delivery which can be used as a template to rework Saskatoon plant as a final profitable and reliable first producing plant. The results of which will define profit margins given the current input and sale prices of the finished products. I am pretty sure if you review the last conference call that this is what was laid out by CS.