I imagine there will be start up issues and processing issues, but I also understand that the Albion process has undergone rigorous testing and trials and that the company is very confident about it.
The one big unresolved issue with EVG, and as I see the only issue that is holding the company back, is the minority shareholder(6%) in EVG Las Lagunas.
If/when this is resolved in a manner which keeps both parties happy, I believe the company and its projects will be re rated.
We have a company here with enormous potential, but with still one considerable hurdle to overcome.
Las Lagunas would appear to be a lower risk project and a good one for a start up company to begin with.
EVG Price at posting:
8.1¢ Sentiment: None Disclosure: Held
