People are friggin morons...all of the pipelines through nyc hasn't dropped values a wit...how do people think Laguardia, Kennedy, Newark get there fuel..Pipelines....Bunch of idiots in Ma
They aren't cooked at all...they don't make money and they are very forthright about it...Stock is worthless in theory...But Bezos is good and has the street looking the other way
really not worth more than 150...or less can't burn cash like this and expect people to contiue to believe you have a real business.
Discount rates way too high, with permitting so close. And Bongara number doesn't make much sense either based on last 43-101.
Modan, this is a microcap stock..and as such in todays post financial crisis market, most funds can not own this stock. Small cap these days is 2 billion, so 50 million and no liquidity actually prevents most institutions from owning this..a shame, a sign of ridiculous times, over zealous regulators all of the above, but nothing some funds can do. These are the kinds of investments that make or break fund managers, but alas they can't do anything but curse Dodd-Frank
Seems too low, I can't believe if this company were handed to a banker post Mt. Hamilton permit, that between the 2 projects they couldn't get a small bidding war going.
Pretty insane, I'm losing patience with this and EGI. At some point Rio walks. They have done it before. This is why the USA is a COuntry of laws and the rest of the world is not
Dude, there's 800mm of converts, a good chunk could be hedges. They need to turn this quick before they run out of cash