Thanks for your thoughts Meso. Looking at their latest quarterly, assuming that the sales of 1.4mill are from product sales, then they are more or less covering their costs already! I think the market will remain sceptical until the next report but waiting till then to get on board might be a no win situation. The other factor I love about this stock is that the main game for these guys is energy trading. They buy it in blocks wholesale and then sell it in small bits retail. This may present some excellent profit opportunities for them. I dont know if they have even begun to look at the whole carbon credits issue yet with all that they have had on their plates. Long term hold for me. I may be late to the party but 26c looks like value in my book.
7w
Read the red stuff. I am a coconut vendor.
JGL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held