hampster
I will have the last laugh. The company will definitely succeed. Short term movements are no more predictable than a roulette wheel. If the price continues to fall until it halves it will offer a ten bagger opportunity just to return to the previous high.
What happens if the Ford tests are successful, and the company takes up PIM encapsulation of magnesium? The fact that the tests have continued for so long is an indication that they are going well. Do you know that the 150 truck is coming off the production line at 1 million /pa and that the parts under test are needed x seven. How many lines of plant would be needed to cope? That would take 3DM into profit on its own.
The company has come a long way from the pure R & D situation in H1. It is now well into the development phase. During H1 '06 it will be seriously commercialising. There will surely be repeat invoicing of reclaimed waste at GW Butler's of Bradford, and of toll manufactured commercial product in the UK and the US. It would be very surprising if there were no machine orders, though we have no official news on how well the prototype is faring. There is usually some engineering upgrade at this stage.
The next RNS/trading Statement should be interesting.
No matter how you try to dress it up Scruts, the fact of the matter is that your missus called this right by holding you down firmly under her thumb and hiding the cheque book, whilst the losers are those who were daft enough to listen to your deluded ramblings at a time when the market has been steaming ahead.
The short term movements on this are a lot more predictable than a roulette wheel : you are one of the few here who called them wrong.
If the price continues to fall until it halves... give me strength...it's done that from 190, 160, 140, 120, 100, 80. Still, I suppose it could happen again.
Stay happy in your dream world, scruts, but when it comes to real life...listen to the wife.
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