GREY:NMKEF - Post by User
Comment by
Metalhead99on Dec 24, 2018 11:11pm
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Post# 29155921
RE:RE:RE:RE:RE:RE:RE:RE:10 for 1 Share Consolidation
RE:RE:RE:RE:RE:RE:RE:RE:10 for 1 Share ConsolidationI agree, mick. I'm pretty sure I have indentified 2 very active posters recently who have taken the place of Calgary and a couple of others. There is nothing wrong with being negative or pessimistic, but these people support their "theories" with absolute falsehood.
mick1888 wrote: What absolute garbage..... .lol.... :-D
A company with an expected gross margin by 2021 - 22 of 75% (with all the overheads and labour costs included) and an expected global market share of 10%. The global economy is irrelevant if you believe in the technology and alternative energy growth as the low cost providers (such as NMX) will float to the top. It will just take slightly longer for shareholders to benefit than it otherwise would. Some people are only interested in short term gain for themselves unfortunately, and are of no benefit to the company they badmouth, or the country economy they pretend to support.... ;-)
Smokerama wrote: I agree. They may let the stock price trend downward in 2019 and do the consolidation in 2020.
Everyone is fussed about the actual performance of the company but this is irrelevant when it is in pre production phase.
The global economy is an absolute mess. As the indexes trend downwards, NMX will follow. If China and the U.S. continue to suffer, then NMX will as well.
The cost of NMX' output will be substantially higher than its competitors as it must deal with unions, pension obligations, benefits, grievances, sick leave, etc. Overhead is the largest expense once the infrastructure is put into place. The difference between $30-$40 per hour vs. $3-$4 per hour in labour costs is material.
I was looking to make an investment around .50 but I am revising my entry point to .35 to .40. Watching the global economy with interest. Cheers