RE:RE:RE:Look at what are the hardest trade to do...Mexiurl wrote: Technical analysis is pretty useless in situations that become debacles. The lack of transparency, the total disregard for governance, the aversion to any semblance of truth telling, that brings shares to where we are. No credible buyer is gonna get involved after 20 minutes of due diligence, because of CEO's propensity to put his ego first, then his bank account second, and useful idiot shareholders last. Its wishful thinking, and so is saving the planet. Remember when CEO wanted shareholders to decide on selling product to Amazon? That was hilarious, like the fat guy says he won't ever cheat on his wife with a super model
When it comes to TA, many dismiss it outright and consider it a waste of time, which is fine but I'll continue to drink the koolaid because I believe it's a very useful tool.
All I can say is the resource is enormous, the product, while not perfect, is a far better option than conventional KCl, plant 1 and 2 combined capacity enables a very profitable operation and the new executive team are laser focused on executing their action plans. Hopefully, Cris will have learned some humility from how terribly these last 2 years have gone. It's quite plausible his sales strategy would have bankrupted this company because it's been an absolute disaster, made worse by current conditions. Hopefully, they turn the corner in 2024 because the debt and interest is worrying and a company can't continue bleeding cash every quarter with such onerous debt and working capital needs.