RE: Daltons engineered takedownGreat post
This was a credit story, so if traded around your core you
decreased your cost but yes, selling some and trading some
of your core is just prudent.
Yes, this will sell NAV of $8 to $10.
Is ALS a buy, well as I said in my last post.
They are not building major refineries anymore.
So if ALS can produce a permit, the major oil companies
like Conoco cannot refuse, so yes, ALS is still a great stock.
Buy on weekness is always prudent.
My feeling, the financials must re-capitize, so forget asking for money. ALS needs the permit, and maintain there business case.
TEREK 8