Read your posts and appreciate your approach. It requires more work and a willingness to trust your DD and the resulting judgement call. Evaluating very young companies is an art and science at the same time. However, when done well, it flat outperforms any other method around - IMO. This is the only truly valid approach to participating in 10+ baggers. And, I believe that it can be done with some regularity.|
So, with that in mind, here's a my diamond in the rough for your consideration.
All the ellements you identified for Global are here in larger quantities. Bigger markets ($58BB), patented product, major customers, etc.
Major prospects (BP-Marine, Pensky, Rep. of China, etc.) have been testing products for up to 1 yr. Company is in black and anticipates accelerated sales with major industrial clients.
MOLY's avowed objective is to sell the technology to a major oil company with the sales price expected to start at $1bb. As they begin to take a serious bite out of the Lube oil markets, the major players (Texaco, BP, Exxon, Quaker, Penzoil, etc.) are expected to respond forcefully - within the next 18-24 months.
Thanks for the lead with Global.