RE:RE:Huge bid showing this morning @ 10 cents.....I haven't seen any cash flow projections for TBF as of yet. The first steps are to get the plant back up and running, and then implement the "LIL" technology to get input costs down. Still a little early in the story to get a fair guage on cashflows IMO....
More money will needed to be raised both by TBF and LEC I think, and we should have a better handle on the potential by early '14...
The exciting kicker prospect here is licensing of the tech and continued consolidation... I think we are starting to see that unfold, and with almost 70% of the current issued and outstanding in very strong hands.... Very good speculation with real blue sky potential IMO :)
GL.