There were lots of people that bought in at the crash in the 20's and have done very well over the past month. I would have thought there would have been some celebratory chatter but I suspect many of the buyers were just averaging down.
As previously mentioned, I think this management team screwed shareholders over so I'm not giving them any more money. However, I will hold until I recover the losses and maybe longer depending on how the Q2/3 year end reports look. I still hope they get their act together and can increase production, reduce costs, address and resolve labor issues and significantly increase revenues once the contract volume is met.
They don't have to hit any home runs, this company is valued so cheaply at $40m that modest improvements in the metrics will have a significant impact on sp. Should they return to historic production levels-itself a vague term- but let's say 1million tons annually based on H2 production of 500k, and if they make even $40 per after the fixed price contract fulfillment occurs, they would generate annually gross profits equivalent to the current market cap. If they actually were somehow able to get spot pricing the numbers would be incredible and be many multiples of current market cap, so I wait as the swelling goes down from the lumps I've taken.