Audited Financial Statements out... Funny. They put the audited financial statements out afterhours. After they put a news release out during the day saying that the permitting process can now begin. That's what that news release says, right? That's what my broker told me. That now the actual DD begins.
They are no closer to getting the permit today than they were yesterday.
They will have to raise money in the next 6 months and probably sooner.
If you're gutsy the time to buy this is after the next financing but before the permit. If you have trouble sleeping at night when youre in a very risky investent the time to buy is once the permits are actually granted. Still waiting on the sidelines. I'll probably buy after the next financing.
Good luck to longs. Do your dd.