RE:One year resultsYes, the CEO is showing a terrible sense of timing. He could have / should have locked in his offtake months ago when prices were much higher. It's one thing to be calm but one also has to work with a sense of urgency and capitalize quickly on massive price spikes. Regardless of what kind of deal he strikes now does anyone think the terms will be as good as or better than he could have done a few months ago?
I mean if CRE spikes to $20, most of us will cash out, and sell the spike. He should have done the same.
Hard to know exactly but seems like he missed a golden window for all of us. Sadly we will never know what he was looking at months ago vs. today's offers.