I feel really good about the SMS involvement. These guys are no mugs. The fact that they offer fixed lump sum construction of the plant and guarantee quality control makes me rest easy.
This stock really gaining traction past few weeks with deadline for project finance fast approaching. Another 8% north so far today S/P 20.5c on heavy volume.
This stock really gaining traction past few weeks with deadline for project finance fast approaching. Another 8% north so far today S/P 20.5c on heavy volume.
Certainly healthy volumes and nice upwards trend ...
Question is - where do we see the SP going after the KfW credit approval?
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Certainly healthy volumes and nice upwards trend ...
Question is - where do we see the SP going after the KfW credit approval?
Just from memory I seem to recall that 35c was the touted sum many months ago but that was before the material change in project cost/EBIT/increase in output of product and profits.
Two days 'til finance approval. Market seems to be pricing in a favourable outcome SP north another 12% to 23.5c with two hours trading remaining for day.
Looks like ive been taken out at 23.5c. My low risk hi reward wise strategy. Did great with FYI as well. Hope finance comes through and it rockets for you guys.
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