Yes, I think we all agree that building the ability to ship value-added products is the only correct move for LGDI. The problem is that in the short-run it makes management appear to not be able to execute at best and at worst purposefully misleading about the ability to profitably ship DSO. This along with the long lead time for such a plant makes the current share price seem over valued to me.

I'll buy back in heavily once plant infrastructure is well under construction, permits have been granted, rail transport capacity has been agreed upon, etc. I think the level of risk is a little too high until some of these pieces actually start falling into place.