Feb. 5 at 5:06 PM
$WPRT Folks, you can forget about a stock buyback. Dan just disclosed they need to fund
$11 million TO Cespira in 2026. Only half way through the projected 3 years toward achieving breakeven at Cespira. Lots of positivity on the webinar and Carlos is definitely polished with long answers versus Dan’s minimalist approach. Again, lots of positivity but still looking at 2028. Phrases like “the stars have aligned”; “watershed moment”; “ready to adopt and adopt in volume”. I’m not surprised and not disappointed. We all know we were misled and obviously HPDI I and II were NOT ready for commercialization or it would not require Volvo to take over and another
$20 million in 2026 (on top of 2025’s investments) just to break even. Still holding given such little downside risk from my basis. New buyers from
$1.50-
$2.00 IMO need to look at liquidity to get to 2028. And if ok, consider increasing. Otherwise, sell. It’s gonna be two years.
