RE:RE:Undervalued Pre-Commercial Producer
Those scenarios showed an estimate value of the company.
I agree that a company on a stress is normally a huge bargain for the buyer, but not when more than one bidders are interested.
And the company never had huge problem to get financing as well as postponing their loans repayment.
This company is far away of bankruptcy, the bankrupty occur when nobody show interested and it is not the case. When they don't have revenues, it still not the case. And when they have loans due date and it is still not the case.
Finally, fortunately for us a lot of investors have been scared of a possible bankruptcy, what explain this share price. And it doesn’t matter the actual share price, what is matter is the value and what the bidders are willing to pay for a producer company.
I personally think that we can have at least 0.50/share for this company, and based on his value, it is a big bargain at this price.