RE:RE:RE:Question for Board The pandemic is defineately a huge factor in capping the price on stocks like mwx, there's areas in the economy fearing heavy deflation and then other areas fearing inflation. This is a stock where you buy it and you have to be committed because of low liquidity.
Production is always right around the corner for mwx. Since 2018 they've been saying the plant will be running by next quarter (which apparently it is now), but its now mid 2020 and investors haven't seen the actual numbers. They have made their claims, but it hasn't been shown on the balance sheet yet.
Until the numbers are on paper and there's product flowing through the pipe on a constant basis then there's no real reason for big price moves.
The LOI with Davis Recycling is great, but it's another capital and labor intensive project they are starting without yet seening revenues on the ewaste side. Also, we don't know what the terms of the agreement will be with Davis.
You don't pay full price for a horse until it's close enough to throw a saddle on.