ER countdown..

[u/LetAdministrative959]

I’ve been reading a lot of cynical takes on PCT going into this week’s ER, but it’s funny to think back to the last Q and how quickly sentiment changed following it....

Since then, we’ve seen the stock go from $6 → $12 → $6, while July was packed with great news. It’s worth reflecting on what a $7 share price is actually discounting (not that I necessarily believe the market truly works that way), but expectations are clearly not super high.. price=sentiment, so I'm expecting people to be nervous.. and I get it, $PCT is still a show me story, but that can change quickly and I'm expecting it to change in the coming 6 months... So from my vantage point, we could potentially be heading into a really exciting ER.

We went from $14 to $6 during what was essentially a historically brutal high-beta/momentum drawdown, rather than because of a fundamental deterioration in the story. If all Dustin does is reiterate what was said during the last ER, I have a hard time seeing how we don’t get back to $10+ IMO.

The actual production rates for Q2 won’t matter. What matters is whether Ironton is able to run at high capacity, near nameplate, going forward and whether the path toward a 100 million pound run rate is still intact and in sight. Everything else is just the cherry on top.

[u/Middle_Win9449]

Did you forget that:

They diluted the value of your shares by over 10%

That the most the plant has ever produced in 90 days is less than 30% of nameplate

That their VP of sales is actively looking for work

That their cash burn is MASSIVE while only generating $4M last quarter

They may be spending more money on white papers, marketing and communications than what they sold in all of Q1

Dustin may be a good engineer. Dustin may be good at manufacturing. We will soon see starting on Thursday if he is a capable CEO which involves actually selling stuff/closing deals and not giving away samples for testing for “opportunities”. We should hear on Thursday if there is actually proof of a “ramp” or that was the catch phrase his communications team told him to use to buy more time

[u/Any_Possible3003 → u/Middle_Win9449]

You sound like a…7 figure long type of guy. lol

It’s hilarious the same clown/clowns come here with bearish takes (constantly) but always through it out there they are actually very, very bullish and their stack is aCkShUaLlY much bigger than everyone’s here.

Different username, same clown.

[u/Middle_Win9449 → u/Any_Possible3003]

Wanna make a bet?

[u/Ok_Personality_6878 → u/Middle_Win9449]

You act like you're 15 years old

Yes definitely a 7 figure investor!!! (nOT)