RE:RE:Thin L2, low P/E, insider buying and stock buybackThe part of the article that sticks out the most to me is below. Can it be done effectively keeping costs down? Investors that have been here through the long haul should get some answers shortly:
"From all of the above historical outline investors need to learn one thing, and that is that laboratory experiments usually cannot be replicated at large scale not because they don’t work, but because it, the scale-up to mass production, is too expensive. The best example of this is the civilian nuclear program. Neither Uranium 235 nor Plutonium 239 would have ever been commercially available if it were not for the military-political decision to develop nuclear weapons without regard to cost.
Thus when I hear the glib phrase “Manhattan Project” used to describe an all-out commercial or even governmentally backed program I immediately think of open-ended costs that will never and could never be approved by budget planners and accountants in the private sector.
America and Europe and Japan have been and are centers of materials’ based technological innovation. This means that as soon as military research has provided information on the properties of a material and, in many cases, even caused that material to be produced UNECONOMICALLY then, and only then, entrepreneurs, who are sometimes engineers and scientists, can try to develop commercial civilian uses for the materials so that private enterprise can determine if such uses justify producing the materials in quantity."