GREY:SNNVF - Post by User
Comment by
JMark80on May 31, 2018 4:15pm
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Post# 28107814
RE:Just one analyst asking questions
RE:Just one analyst asking questionsUnfortunate to hear that only one analyst asked questions (hopefully not the only permitted to ask questions). I assume they explained why NHS revenues dropped 30%? A bit of a concern with legalization around the corner, unless they have a good reason. I'll try to listen to the replay tonight, though it doesn't sound like there was anything noteworthy judging from the lack of conversation here. I'd like to know the outcome of their design review, whether they're proceeding with the old design from 4+ years ago (which I expect, since it wasn't mentioned in yesterday's MD&A), or resubmitting their application with the updated design. I also have a sneaking suspicion (just my opinion), that the COR was issued for their old location. I just re-watched a Midas Letter interview from February where the CEO mentioned they were waiting for their COR, but that was before they even amended their application to Oliver. I assume since they know a site change would delay the COR, and therefore build, they believe it's best to amend their application after receiving the COR. If that's the case I hope HC is tolerant. I guess I should give them a call.