RE:RE:RE:RE:Doing due diligence??? No offence wynjoe but you aren't really putting up much of an argument other than making a statement.
is there risk... sure there is but as more pieces come into place the more it is derisked. This is a prerevenue company so the stock price is based on potential and risk/reward. I can tell you with high confidence though that come next year, for the patient long term investor, there will be a quick and dramatic repricing as FCC transitions from a prerevenue to a revenue generating company.
Will this be a $10 stock... no I don't see it as the float is too big, but if this all comes together it will be a hell of a lot higher than .34c. From my POV, the risk reward here is exceptional and I have no issues to continue to hold my very large position and possibly add more should opportunity arise.
Have you tried assessing the asset value of the refinery and the stock price potential if they achieve the 35M USD in profit, not revenue, post refinery launch? What happens if cobalt to the 35M USD annual projections if cobalt prices continue to increase?