RE:RE:RE:RE:RE:Summer001Trendsetter wrote: No facts here becasue unlike you I dont pretend to have insider knowledge!
But I have a theory. In ealry 2021 we were led to beleive the Merit plant was going through the final stages of the commissioning process which of course we now know was not the case. The SP was at $6 because we were all waiting (including the analysts) for pending revenue numbers and news on firm orders.
We were never told of the ongoing delays to equiptment supply, breakdowns, technological assistance in helping tweak the process etc... Some possibly knew this information as the decline in SP was consistently one way!
Do you know who might have known and acted?
so far this CAN be this way. Perhaps covid was another factor,
BUT: a delay is not a "does not work" or something like this. a dela is a delay - thats the reason why lots of investors stayed IN - perhaps having insider knowwledge about coming JVs, contracts,...