GREY:BIXZF - Post by User
Comment by
brnt999on Jun 18, 2010 10:47am
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Post# 17201636
RE: Plant Completion
RE: Plant CompletionPersonally I think this is potentially explosive-to-the-upside but very speculative stock.
There are a number of bridges BXI has to cross before its a sure thing and a stumble at anyone of the bridges can crater the share price.
First they have to test out the plant so that everything works as its supposed to
then they have to figure out how to produce protein that meets the required specs
then they have to get the regulatory requirements to sell the protein as human food
then they have to ramp up production to full capacity
then etc etc
Rather than talk about 5 plants I think the company ought to focus on each bridge to cross.