OTCPK:EUCTF - Post by User
Comment by
Bruceforeveron Feb 17, 2017 3:47am
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Post# 25859530
RE:RE:RE:RE:RE:EUO -23% YTD. From $0.185 to $0.135
RE:RE:RE:RE:RE:EUO -23% YTD. From $0.185 to $0.135Yes. And that DECISION was comfirmed by EU at December 30th. There was a call for offers (ec.europa.eu) to provide 28 states throughout the EU a new fuel marker that could easily be worth about 150- 200 million to be granted before the end of 2016. But when I received the letter from EU, I was sure that share price only could go down.
You can read this independent report at Eurocontrol website to refresh your memory:
https://www.eurocontrol.ca/images/reports_and_filings/independent_reports/2016/ESpace_Microcaps_Napoleon's_Blog_Feb25_16.pdf
EUO got only 3 contracts: Albania, Uganda and Tanzania and lost many bids. With SICPA, and the EUROPE decision would have been the best way for EUO to reach $0.75 or $1 CAD in a year. Now, it can't go up. No BIG revenues will come. You can only expect between $270.000 and $370,000 per quarter and wait for Xwinsys and Croptimal first sales to bring those revenues above $400,000 with the best scenario (if you have some "guidance" about it)