RE:RE:RE:MWX Davis Value AnalysisDon't forget about funding. If they don't have enough cash on hand to get across the finish line, they will have to raise riase more money one way or the other (more rights, private placement,etc.). A loan would be the best option but without a pilot plant and a track record, that seems unlikely. The decision to build a new building will burn through more cash and delay any cash flow so I think it is still a pretty big question mark. Hence the speculative nature of the stock (and the price).