What is wrong/right with NCU?Hi, I bought NCU shares, because its market cap. got kind of greedy and already in quite a loss.
The company is ramping up production and has another very attractive project.
It is in debt to its neck, I got it, but it is normal for pre-production and beginers.
It has few setbacks and delays, but I think 80% go throught the same.
Some problems can be fatal, I had minor stake in one company that struggle with floodings and eventually closed its mine.
NCU problems looks regular to me.
Question - am I missing something? Did I catch a fallen knife and should run away screeming?
Or this is a classical Buffet's "time to be greedy, when others are fearful" moment?
I appreciate your opinion, both sides of view.