So AVK finally gave up on the New Destiny deal...... After 6 months of anticipation (even though the writing was on the wall 2 months ago, I don't know why it dragged out so long). New Destiny had already added the projects to its website!!! Obviously couldn't raise the capital, and I'm not surprised, it's a tough market.
The new prospects look interesting, and I can't believe we are going to spin rods for the first time since November 2011.....
TRL Price at posting:
3.2¢ Sentiment: None Disclosure: Held
