Be carefulWhen making comments like 'I bet it will happen' or 'when the Aud project is reinstated'. Comments like that can be a reflection of how some investors feel, but remember it is possible that it will not happen at all and TEI could face the added expense of having to extract their product from the Thurso site.
Although there has been some recent encouragment by a little insider buying ( less than 1/2 of a percent of the float or around 40k worth of shares) it doesn't make TEI a screaming buy.
Costs are down, great, but without sizeable contracts in the near future the picture may be a little less rosy than many would like.
It's true that the management has said news releases will be more of a historic nature and the TSX has a watchful eye on them but when reviewing other company press releases this doesn't really hold up.
Those considering or already investing are hoping the company is ( once again ) at a tipping point. Going into profitability would be wonderful and without a doubt the foundation for that has never looked better but nothing, nothing, nothing is a sure thing.
Until there are further indications of this ship being righted, tread carefully.