GREY:XEBEQ - Post by User
Comment by
catchascatchcanon Apr 25, 2021 2:54pm
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Post# 33063770
RE:Don't misunderstand me
RE:Don't misunderstand me Worry lot TT, we're all free to agree, disagree, break up and make up. I'm happy to hear that this information has made others happy. My point was and is this information, while positive, is a soft one and not hard. I work in a management role in oil and gas, and this is akin to what I what happens to me about once a week. Someone runs into my office and declares that they've discovered a substantial cost savings by eliminating a redundant activity. The work typically takes 200hrs and at an average rate of labor and materials will save us 200x150=$30K per annum. I then ask how many contractors I can send home, and they answer 0. This would be what I characterize as a soft savings. While nice, it does not move the needle in a measurable way. Now when that same person returns with a savings of 2184 hours, and I can lower my headcount by 1x, I then am happy as this is a hard dollar savings. Long boring story to help explain that this news is a soft plus. While there may be positives such as exposure of increased future contracts or influence, no one can quantify the benefit and ergo it is not a big smashing positive. I'll let the market decide, but at this point it's evidenced by firstly the lack of PR and secondly the lack of market reaction. Always welcome a respectful debate, and again no hard feeling on this end ever. We are anonymous key board warriors after all ;). For the record I am a He. GLTA and here's to a nice week. Cheers
tamaracktop wrote: My comment about posts here wilth virtually no evidence to support them wasn't directed at catchascatchcan. In fact, I've agreed with many of his/her posts, not that it matters. I just strongly disagree with the last one.
Not to belabor the point, I wont any further. Just one last thing.
I mentioned that both FuelCell and Greenlane are members. Neither of them are represented on the board.