Ethereum as Wall Street stablecoin rails. My MSE interview on learning from failure and wrapping up all things Minera Alamos. LODE bought deal craters share price.
Thanks for the update! How has your medium term (1-3 year) view on LODE changed here, from the recycling/silver extraction perspective, ignoring the biofuel side? It seems that this dilution event, whilst painful, has removed some of the downside risk in terms of execution, and the supposed bullishness internally to accelerate to the 2nd 100kta site ASAP (as opposed to one per year) is suggestive of higher earnings, and sooner than anticipated.
Agreed wholeheartedly. Each plant should generate $50mm in earnings. The raise gives $LODE a bulletproof balance and the ability to build two recycling plants.
I see the raise as transformative:
Bulletproof balance sheet with all debts now settled; capital to build two recycling plants; Bioleum is completely ring-fenced as a call option; non-core assets can still be sold for material amounts of cash relative to the market cap.
I see a credible path to $10 in the next 12-18 months, with multiple expansion and a second plant making $30 a credible long term target.
$LODE is now an execution story. Success or failure rests entirely with Corrado and Fortunado.
Thanks for the update! How has your medium term (1-3 year) view on LODE changed here, from the recycling/silver extraction perspective, ignoring the biofuel side? It seems that this dilution event, whilst painful, has removed some of the downside risk in terms of execution, and the supposed bullishness internally to accelerate to the 2nd 100kta site ASAP (as opposed to one per year) is suggestive of higher earnings, and sooner than anticipated.
Agreed wholeheartedly. Each plant should generate $50mm in earnings. The raise gives $LODE a bulletproof balance and the ability to build two recycling plants.
I see the raise as transformative:
Bulletproof balance sheet with all debts now settled; capital to build two recycling plants; Bioleum is completely ring-fenced as a call option; non-core assets can still be sold for material amounts of cash relative to the market cap.
I see a credible path to $10 in the next 12-18 months, with multiple expansion and a second plant making $30 a credible long term target.
$LODE is now an execution story. Success or failure rests entirely with Corrado and Fortunado.
Good piece on stablecoins! ETH likely to produce better gains than BTC in the short-term due to stablecoin adoption.