Ann: Production Expansion Update, page-19

  1. 504 Posts.
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    What a nothing announcement. No details on sales or production is a big red flag.

    Xinxai months behind schedule on engineering the plant.

    Nsl's "immediate" purchase of expansion plant taking several months.

    If we lose the legal battle may have no funds for expansion. Who knows how much cash burn in the mean time.

    Have set up expectations of know substantive news before Xmas, if this is true I think the SP will get smashed well below 2c.
 
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