RE:Time to leave the sinking ship?Enginuity, the market,imho,is telling you all you need to know to make a buy/hold decision.Plus, sedar m&a reports are not how one should rely on for updates.
This project was supposed to be in full production months if not years ago, and not only for eglass supply but the other applications as well.I held on for years waiting for announcements that "advanced discussions" would result in lucrative agreements,but I made the decision to sell and await the anticipated off-takes even if it meant paying more for a future position as opposed to taking the risks associated with continuing to hold.
As stated too many times to count, this anorthosite is so unique and abundant that it will eventually be successful wheather by HUD or not.I cannot foresee how they they can overcome their current finances without further deterioration and I do not know if the expertise exists to get the current situation resolved.
GLTA