RE:Just gotta believeSchmiddyic, like you,I am also a long time holder of HUD.although I have sold over half of my position a few months ago.I am a bit more pessimistic than you as Jamie has yet to prove to me that he is indeed a "smart businessman" as you state.He did finally raise the financing after EIB did not approve the loan application for reasons we are not privy to. Will the funds be sufficient to achieve production and will we have a positive cashflow is as yet a big unknown? To make an educated guess as to answers, more details are required from the Company but, based on past performance, I am not holding my breath awaiting word from them.
The main reason I continue to hold a position is due to the uniqueness from both a quantity and quality standpoint of the anorthosite. However, this will mean squat if Management does not pocess the skill to get us to a profitable position.
IMHO, we need additional revenue sources to be viable and this requires additional off-takes. These supposedly have been in the final stages of discussion for a long time but no agreements announced. Planning is a vital management skill but implementing the plans are as important.This, along with the ability to successfully communicate, IMO, have not been proven.
GLTA