RE:Not rosy....
StairwayTo wrote: They have a hard time completing just a “Statement of Work” that was announced a while back,
They have a hard time getting a supplier’s approval for what, a year or two now.
They have a hard time getting a “Site Acceptance Test” from the iron ore company B contracted 3 years ago.
They have a hard time finding out what is happening with the first iron ore torch they shipped to Brazil years ago to company A, (and by the way, we don’t know if it was ever paid for)
They have a hard time collecting their previous sales, to the range of $millions for years now.
They have a hard time manufacturing 1 4.5MW torch contracted 10 months ago (well maybe not a hard time, but it might be just the time it takes to make 1torch)
So for those that assume (or pump) that big contracts is around the corner, think twice, it’s not happening,
Yes there’re will be news coming up, new offering, patents, consortium, convention,
But also, their financials every quarter, the fraud investigation shortly, some fund raising some how?
You can paint it which ever color you prefer.