<this should help sell shares> not sure if that is a veiled reference to a possible FO----if so,you are incorrect. ADA just completed $30mm stock offering(including green shoe) around $15 . Cash is on BS and now flowing in through the Goldman Sachs Refined Coal arrangement all while legal expenses have ended given resolution of ECP indemnification and Norit Arbitration claims.
Note that the $50 target is based solely upon RC execution everything else the analyst refers to as a 'call option' on the stock for additional upside. We have a gem here folks dependent upon forward execution by ADA,NexGen and Goldman Sachs.