RE: RE: RE: dilution Thanks Shawshank
Yes i am speaking for myself but expect other shareholders feel the same way. I do understand the model but if the gap is not closed soon is there another option. The management made a promise that if the SP did not soon reflect the NAV a liquidation of a portion of the inventory would be the next move. This was promised last fall but has not happened to date due to markets i expect but feedback from management would be helpful. I also realize the additional supply of HREE will not be immediate but will come via MCP / HRE and others, at some point as well, new technology may replace growth.
As a current shareholder, i am concerned about the value of the inventory and its marketability. The trend does sound appealing but i cannot believe the prices will continue to increase so my game plan is to sell when the SP is properly valued based on the FD NAV. If you or others are interested in taking them off my hands at that point, i wish you all the best but i will be moving on.
I understand that there is a bigger picture but i am content in capturing the spread.
GLTA
Saltchuk