RE:ETI Hey Macman, lets say you are correct and management continues to drag their feet and botch making an agreement with Jabil or any other suppliers. Do you think this company would be worth buying out based solely on their technology and assets?
i think it is fair and safe to say that the technology works (patents and Golden Predator results). So I don't see this company ever going to zero because it would absolutely be bought out. There has to be a refiner out there that would either see the value in the technology and plant or want to bury this tech.
Now the question is worse case scenario what would be the share price during any buyout. My point is, yes we are all disappointed in the short-term but I think (and hope) you are blowing it a bit out of portion. But for sure you are correct that there are much much better short-term plays in the junior mining sector. Hell just about everything has gone up (returner to) 30% higher in the last 12 weeks.
I will also admit I have a low share cost. If my share price was around $1-1.20, I would be pretty pissed off. Hopefully by the end of the year this company will get sorted and flow natural.