I thought someone said the tide changed. Well I don't see where it changed for the better. I don't think anything is going to change for a long time yet. I think we are where we are for the rest of this year. I am not optimistic that we will see any great drive in the SP till the end of the year or early 2015.

Management will likely say that they are not happy with the SP at the AGM as they said last year but they don't appear to be in any great rush to do much about it so rather than hope daily for an NR that is most likely not going to happen anytime soon I will pin my hopes on what Peter said in the Midas interview. When one thinks about it; it really does sound like the most realistic statement I have heard yet.

I doubt if all the other time lines will be met. To their credit I am sure they are doing the best they can and I truly believe their time estimates are well intentioned but these are massive undertakings and it all takes time. Personally I would very much like to see more frequent progress updates and I think it would help support the SP.

On the bright side - we are more or less holding in at about the $1.50 mark which is a $1.00 more than it was at this time last year and I am more convinced than ever that POET will succeed in a big way but it just needs more time.