RE: RE: RE: RE: News Due
I agree, Stag.
IMO, The past several years have not shown much in the way of contracts because WEE was still deep in their R&D stage. Now that they're breaking through the end of it with glowing reports I think we'll start seeing a lot of contracts signed and delivered in the upcoming year. No doubt, analysts and oil producers world wide have been following this story but up until now it was still too early to act on it. First, it had to be proven that it works. Then it had to be proven that they can build the tools at a cost effective price. Then it had to be proven that the tools are cost effective for producers to use. Then the different applications had to be proven. Then it had to be proven that the producers ROI was substantial. And now, after all that, Wavefront has to prove that they can close the deals. Personally, I don't think they'll have a problem with that.
I'm pretty excited. This coming year should be a good one. I don't know if the SP will do anything by xmas, but that's okay cause I didn't plan on flipping this one too quickly. Anyone who sells in the next few months, or the next year or two for that matter, isn't looking at the BIG PICTURE. With what's going on in the world today regarding oil... all the buzz about EOR... it would be foolish to look for an out any time soon. Wavefront has been serendipitously blessed with the timing of their invention, their R&D, and now... their penetration into the market. Honestly, how much more perfect could the timing be?
Rack 'em and Stack 'em... the ships are comin' in