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Alabama Graphite Corp. Com ABGPF

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GREY:ABGPF - Post by User

Alabama Graphite Corp. Com > Patience
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Comment by TheLongOne12345on Mar 18, 2016 2:01pm
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Post# 24676057

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Re: Patience

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Re: PatienceI do not think that the graphene work was a waste.  They didn't spend that much time or money on it compared to other companies, management tried to add shareholder value at very little cost, they failed to find a clear path to near term profitability from it.  Abandoning graphene for now and avoiding dilution at a low share price just to waste millions of dollars on it was a sound decision by management.  If the markets had been better and Alabama had a share price of a dollar or two and if there was lots of hot money in the market then maybe they would have done a PP to fund more graphene work.  There is something different about the multi-layer graphene in Alabama which I will not even attempt to summarize but I would not be surprised to see something come from that preliminary work, but not for many many years.
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