RE:RE:RE:RE:predictionsI know many of us think about the stock price potential, but my primary concern is to de-risk (legitimize) the business. Once this occurs, then this stock changes from a speculation to potentially an evolutionary green/ESG company.
What needs to occur to de-risk?
1. Module 1 becomes operational and substantiates the "suggested" revenue and margins.
2. Davis proves their ability to source a constant supply of feedstock at a reasonable price point.
3. ETI litigation gets resolved in a manner that is not too impactive to profit.
4. Reasonable financing is secured to expand plant 1 to the full 4 modules.
Up to now, we have some 3rd party validation, but mostly just words of optimism from Pendura. Unfortunately, he has lost some credibility from missed milestones and lack of transparency over the last 12-18 months.
Let's hope the next 6 months are transformative for Mineworx.
De-risking does not take a stock to its full potential, but it greatly reduces the chance of going to $0.00.