GREY:EORBF - Post by User
Comment by
Antoninasson Dec 15, 2016 12:54pm
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Post# 25605232
RE:Something to Look forward To
RE:Something to Look forward ToFrom mindfree at OPF...........Before we can notice a significant change in the SP, a big question is still on the table : Does the plan can operate according to phase 1 3tpd alleged capacity? In addition, I don't believe in any grandiose achievements until they make a few change at the BOD and in the upper management team. Someone have to pay the price for the last two years glitch's and the lack of appropriate project management and planning. When you earn hundreds of thousands per year you have to deliver something and accept to dirty your hands. We know the results with project management performed mainly from Montreal. The dream pipe is still completely broken and the market will not reward again the SP just based on white papers and corporate presentations. Also, there is now around 700 M shares on a fully diluted basis (add the interest make whole adjustment) and we have no information on phase 2a and 2b budget and timeline. ORT need phase 2b completed and working in order to profit from the waste remediation market. We might see 50 /share if the answer to my first big question is yes (3 tpd achieved and production sold) but we need many corporate changes before we can dream about 1 $/share.