RE:Stock PriceI'm FRUSTRATED TOO!
However, I see it differently. We have been waiting since 2015 for the EAO to send it back to the Ministers. That is 6+ years!!!
I think the stock should be higher, much higher, as the EAO have finally taken this next step, which is what many investors, including me, have been waiting for.
The vast majority of the trades in the last 2 years since Nov 2019, have been in the $2 range, give or take 50 cents ($1.50 to $2.50).
The file is finally headed to the ministers and so I think the stock is worth more.
If the Ministers turn us down again we are very likely headed to court. We have 2 sets of potential damages:
--1st, we lost over $100 million in value Oct 1 2012. And with what we now know, we may have been turned down intentionally for political reasons. If the Judge thinks so, then we could win triple the damages or close to $400 Million. Even if we only gert half of that or $200 million, with 20 million shares, that is still $10/share.
--2nd, what about the intentional delay that has lasted almost a decade? I do not know how to value this, however I'm confident that it will be significant.
AND if they approve us, the shares could theoretically be worth $200 or more each, as the working model shows a NPV (net present value) of $4 Billion. Yes the working model is 10 years old, but even with cost adjustments the number will still be high.
Anyways, that's my 2 cents regarding share price, IMO it should be much higher since the EAO news this week.