Still think the SP is dropping because there is no mention of bringing the existing equipment online in the near term. Something they mentioned multiple times before and during their consolidation process.
Honestly believed this is the way they should have went, rather than punching holes in everything hoping they'd hit pay dirt before the money runs out. Its easier to lower the burn rate if there is a revenue offset.
I was a little interested in this one and how it was going to play out, but it seems like it could be left for month at a time and the result would still be the same.
CZL Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
