RE:lol CRE is gonna get the permit and have a -5% day, classic! Don't get stuck with one stock, look around...
This is dead until Management clarity how they're going to finance the project. Everyone is stuck with the permits but you will all see what the price action will be. The overhang of massive dilution is what is the issue and the NMX shadow. Same as everyone was waiting for the updated FS to "unlock" the true value and we are still unlocking... Managment needs to come forward and say we will dilute so much, loan so much and partner/ or take off so much or whatever combination so they can address the uncertainties.
Emailed that few weeks ago to the IR guy, he never bothered to reply.
For me I quadrupled my VLI position last week! That stock is years behind but the management seems eager to pump it. Brought my average down close to 10c and will exit with the next pump.
After I lost everything with NMX, stuck with CRE for 6 years now will never going to hold long any QC stock.
Good luck to us longs here, there are money to be made here, just wont be 4x unfortunately