RE:RE:NPVNLMoose wrote: I think the investors are ignoring about Capital Budgeting concepts as the stock price keeps going down.
In fact, Atlas Salt lost more than 25% of its peak value over the last two weeks for no reason.
But there is a reason. The Hydrogen announcement was a fizzle. It sets ambitious targets for establishment of exports and nothing more. Price was driven above $4 on expectations that there would be more concrete impact to Triple Point and there simply wasn't, so risk averse investors are taking their gains. Who wouldn't? Anyone that invested any time from the beginning of this year to the early summer tprpbablu tripled their money. So now it's back to the market value of a speculative pre feasibility salt mine and a hard to value set of mineral rights that Kay turn out to be valuable hydrogen storage or nothing at all. $3.50 to $4.50 pre spinout and $3 to $4 post spinout is probably as good as it will get until there is more news. For me, Atlas still is a long hold for me until I know whether its going buyout or production, but I long ago made money on this and am riding the gains, so its no risk for me.