seasonality - the ying and yangno surprise, really.
a few balanced takeaways for me from the halt and release:
1. seasonality - so the "normal" construction industry does stop for 60-80 days in this market. Nothing too wrong with that - but its noted. Construction is an out-door sport and companies who work 9-months in a year still make good money. Give a chance for the operation to be maintained, and for GOOD PLANNING for the season.
2. in fairness we should appreciate the short-commings of management. Shipping aggregate in Q3 or Q4 - now "February" - I think we can call that a 6-month slippage - and that does not reflect well on management (yes, they have done a good, job - but reporting has been inacurate). Take further releases with a pinch of salt, util they develop a sound track record.
3. Yes, Set the mining operation up properly. But also use the next 90-days to market and sell. Go build your order book.
The stock may well go to 0.07, ekking through winter - the question is - does that become an optitune moment to load up.
"One must endure the Winters, to enjoy the Summers".
In contrast, PLS have Californian markets - surfers, babes in bikini's - there's no snow at Long Beach in Dec-Jan, dude. Taco?