RE:Geoff Clark interviewThank you for the share LA excellent interview. More and more I gain respect and appreciation for Geoff and the company. I also feel more comfortable and confident as long as he and the company keep patient there will be very strong share value however I also believe an initial compromise will need to be made and that the company should view its ip in regards to separate applications: three industries oil and gas potash and hydrogen so if divesting do so separately.
The aim should be $20 plus each ip and no lower than $10.
Because funding remains a challenge and government is not likely going to change the process at best monies such as that which was provided for in pro climate change parties are great in what was granted but one shouldn't and can't rely on this as non favorable parties to climate change can cut things in a blink of an eye.
In so far as people in the industry and removing whether they are favorable or not to climate change as a lot of the times the green initiative has been trusted upon them the only thing to go on is hitting the 40 to 50 percent operational costs as well as whatever it was in the other one (capital costs???)
The company looks like it is extremely thoughtful and deliberate in funding options and looks at all viability to cut costs to no doubt keep the financing down so it shows to me that they are and continue to be industrious along these lines which we can see as to the control on the outstanding shares but the drawback is loss of time so this remains a balancing act.
It will get a bit easier as the company builds establishes and sustains its reputation on the perfection of execution regardless of the bumps along the way as with the retooling due to the challenges of working below the surface. I am sure these types of challenges no matter what will come up in other sectors but it is in showing tenacity and proper assessment of viability not being possible but certain in the end if not it will need to know it is not.
I know somewhere things will happen but like I said initially there may need to be compromises where a little more of the ip may be given away to keep things moving along but it is how that it is all done and worthwhile to keep the ball and momentum moving forward.
There are just too many variables to factor in but if the company looks at each ip separately in accordance to sector vs as one complete package unless it gets over $40 for it it would not be worth doing and definitely mot worth less than $10 for each one which is cheap actually...
With all this said I will not lower my desire for $100 plus a share but I will expand my time horizon and expectations so while I still want $10 plus next year ok $2 plus 5...sure.
This year due to where things are depending on shareholder reactions is beginning to seem we will be lucky to see .30 to .40.
I don't believe the heat will be on until November earliest. If one hears what Geoff said in the interview he not only said few weeks he said months.
I think there will most likely be a financing before the heat gets turned on and looking where things are and depending if they get any parts of the milestone payout I would think a raise at .15 is quite possible. I don't think with this news and circumstances the shares will easily hold .19 again depending on sentiments and from how much Geoff emphasized "not cheap" for the R and D there are few options here.
I would look to have at least 3 million in hand. Assuming 1 million will come from the milestone payment I would expect a 2 million raise at .15 13.5 million but of course double that in share counts 27 million shares. I would not be against it at this point. There is just way too much of a crunch and nothing moving forward where it didn't help the last fell short.
In any case, it is hard to call how things will go and it is definitely an uphill battle for this company to have share value above $10. Nevertheless I am not dropping my share prices but like I said I will expand out my time horizon and where the shares trade within the next 3 years in the 4th above $40 and reject full ip acquisition less than this at any point. Time will tell all things but I do have more respect for the company and whatever happens it happens but I do feel satisfied I know as long as the company keeps moving as it has it did do its best to get the best share value. It isn't easy that's for sure...Geoff keeps winning my respect over and when I learn more I eat what I previously said so far this company is doing extremrly well in an ongoing David and Goliath situation. Back to A rating to Geoff and the company. I can't really ask more from what they are doing. No shares will come out of my hands below $2 still considering my next moves. I may push the number up still more.