GREY:NMKEF - Post by User
Comment by
Steamoon May 15, 2018 3:31pm
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Post# 28034707
RE:RE:Don't be impatient
RE:RE:Don't be impatientAt this point, you’re just bellyaching because the stock price is going down. I too had my doubts about this company - when they failed to deliver the financing in Q1 as promised, I sold all my shares. But I bought back in as soon as the Softbank deal was announced - after having read up on what Softbank was up to, I could tell they finally had the dance partner they were looking for. And since then there have been at least three positive new announcements in quick succession: the $150mm Orion streaming deal, another offtake agreement and the pricing of the $350mm debt deal. Now we’re just waiting on the debt deal to close and the final equity raise and we’re off to the races. The market I think is trying to price in the expected price of the equity raise - but that will have little bearing on the stock price long term.
timeoutofmind wrote: patience yes. stupidity, no. this ship is sailing .... how many times and in how many ways does this management have to demonstrate their utter lack of ability, and credibility ? have you ever had a job, anon ? ever run a business ? have you ever seen a company fresh out of momentum and ideas and possibilities ? you're looking at one --- and the incredible part is: it has taken true stupidity to blow an opportunity this big.