GREY:EORBF - Post by User
Comment by
tcfanon Jun 21, 2013 7:41am
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Post# 21553842
RE: RE: RE: RE: RE: 31 mil more
RE: RE: RE: RE: RE: 31 mil more It should not take a year to install a new oven, so they are not just making the plant produce 3 tpd. they have decided to make major design changes to accommodate other processes or to reduce costs. Still this whole thing comes down to making lemonade out of a lemon at the expense of the long share holder's and the benefit of the shorters who seem to have been handed the gift of fore knowledge, which begs the question as to why. There is no way they are that naive, we were sold out and so far I don't see the return on that investment.
Guys you have to have some patience here. These things take time. Yes there were some minor problems with the game changing technology. Is that really a surprise to anyone. Rather than just fixing the problem they have decided to take advantage of the necessary slow down to not only fix the problem but improve the technology even further than it is and prepare the plant for 5 tons of HPA a day. It will happen it is just going to take some time (maybe a year). One year int the life of this plant is NOTHING. NOTHING I tell you. Much, much more important is that they are continuing to move forward with Veolia on RMR and SGA. One year from now we will have RMR and Veolia building their first plant... Maybe our first SGA plant moving forward and Cap Chat producing 5 tons of HPA a day... and a stock price approaching $10. Patience. Great things don't happen overnight.
GLTA