Looks like downwards pressure has been from option conversion and general market sentiment.
Current pricing, in my spreadsheet, says that this is undervalued even on the 50MW project alone.
I have been buying, which is the first time I have been for almost a year.
The key upcoming events for me over February and March are:
1) Finishing commissioning and starting our PPA of stage 1, e.g. guaranteed revenue.
2) An announcement regarding PPA discussions for stage 2, e.g. major derisking moment for a large project.
and a hopeful 3rd;
3) Anything about NAIF funding...
GNX Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
