Bill,
Who said plant rework in July? Who said production in Q4?
You, me, Ralph or CMR management?
It is now July and nothing.
4 options
1) everything is just fine, rework under way, just no announcement
2) misinformation in May
3) incompetence, eg announcing something you can't back up
4) I forget #4
In regards to the stock price, given their track record for ontime development, if they announce rework for July and production in Q4, and don't deliver, does the price move sideways, up or down?
Some time soon they have to demonstrate that they can produce a product that some one wants. Not talk about it, not buy a nice shiny refinery or lock up feedstock but ship a product off the loading dock.
We should be getting the annual statement soon, should make for interesting reading. |
