Originally Posted by
SailorRob
There is a lot of stuff out there with a lot of companies that investors seem to think is all good news. I wouldn't base any investment decisions around what other investors think or short term price volatility of micro cap companies.
Could bounce hard from here back to $1 or beyond, or find new lows. Just like a roulette ball.
Possible that someone knows something, but negotiations still ongoing, costs starting to blow out on the early stage of the terminal development and no real idea of what the costs will be. Definitely no real substance.
So we don't know the revenue, the timing, the running costs... Nothing.
17 Operational staff made redundant only weeks ago, now they're desperately trying to hire 9 back. Just a shambles.
I would say that recent price move would be entirely due to recovering margins. But who knows.
Bookmarks