RE:$17 by Oct - sticking to my price target Guys I must be mentally addled to think this BUT I am maintaining $18 Sp by the end of the month. We have AGM next week - news is going to torch these prices. I think the time factor we are seeing between modelling and a signed contract is entirely due to its size and significance. You don't need to make a long contract for a few torches - this is a swap and future maintenance job that no one else can do because of the proprietary nature of the tech. The cost pays for itself in savings on carbon emissions taxes and the partner is likely based in a country with a strong greenhouse gas emission taxation regime. If you think about it the savings alone on not having to purchase diesel or bunker-C to fuel the dirty pelletizations process is another added savings.
there are going to be future contracts besides the first! This is a risk/reward play, but based on what's been alluded to I feel like you can buy with confidence knowing the future is bright. I added to my position at 3.15 this morning on the dip and am already seeing a nice little consolidation after the tree shake.
keep in mind I bought in a dirt cheap prices so this correction doesn't bother me in the slightest - I'm just enjoying the ride!
ignore the shorts and trust the torch!
Stubbyinsider wrote: This bullboard has become pathetic honestly. Stopped looking at this since last week.
I knew Bob being on BNN would backfire, be careful what you wish for.
I am pissed this is happening, but this is the stock market folks, it happens.
Let's bring back some positivity, everyone just take a deep breath. Let the price drop, i am now officially in the negative, after being up a lot. All good... no one is touching any of my shares, or my family/friends shares which add up to a lot.
There is plenty of good happening behind the scenes, and the following NR's that will be coming out this week and the following 7 weeks leading into November will catapult this back to where it deseves. This pain is short lived (no pun intended). Smile, go grab a beer, enjoy the warm weather thats left, post some positive articles and let's re-convene and celebrate when we get that Torch NR!
PS- trying to explain the drop to my wife when she checks her account has been painful haha
C