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Gold/Mining/Energy : Alter NRG -- Ignore unavailable to you. Want to Upgrade?

To: 4C who wrote (170)	12/10/2013 9:17:35 AM
From: TheSlowLane	Read Replies (1) \| Respond to of 262

I don't have time to go into a lot of detail at the moment. Things have taken longer than initially anticipated, for sure. And the sales cycle continues to be long and unpredictable. Part of the problem has been the lack of a reference facility at commercial scale. APD has solved that by taking the plunge and internally funding the first 1000 tpd plant (and the second one too, apparently). Also the company did not have the right leadership, imo, until Walt Howard came on board as CEO. It has taken a while to get the organization refocused but I think he has done a superb job. Of course there is risk in the stock. Several things could go wrong. That is why it is at eighty cents and not a lot higher. But if TV-1 coming online shortens the sales cycle and gets a lot of fence-sitters to move then the situation is going to change in a big way very quickly. Cash management will continue to be an item to watch. If they need more they can hit up RA for some pocket change. ;^)