RE:RE:RE:RE:RE:RE:RE:XLY fully funded capacity of 160,000 kgIt is your misunderstanding of the 220,000KG and when it would be in place.
I find it hard to believe how many people are compaining about being mislead about how many KGs XLY would have. I read the same press releases and never expected much more then the 160,000KGs in 2020.
The potential KGs from FSD was always years away and took into account phase, 1, 2 and 3 which even if everything happened on time would still be years away, the amount of product I expected from the deal in 2019 was minor.
Every company in the industry started out saying how much KGs could be produced at some unknow point in the future if they ever converted every single acre of land they owned into grow space. I never paid any attention to that. I always looked at the part of the project that was currently under construction, accounted for construction delays that always happen, account for cost overruns that always happen, accounted for the fact that not all deals would move forward, accounted that some companies would not last more then a year or two. Then I bought at reasonaable prices based of those ovious assumptions.
I love the fact they the people who own the most shares are confident enough in the future business that they are willing to spend money on staff to help the company grow. If they did not care about the companies growth they would not be paying salaries to new staff they would just give themselves raises instead.