WFE 0.00% 2.4¢ winmar resources limited

Whate Really is goig ON, page-539

  1. 9,111 Posts.
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    @The Avenger you continue to repeat the same thing over and over and over again. Repeating it often doe not make any of it true. For example you keep talking about.........
    " KUMI clean assurance process"

    Really, that was last years news, what i there recently about this?? Nothing!! The recent (a month ago) update did not mention KUMI, nor if they had been engaged to even START looking at the ore suppliers.

    Why keep talking about something the company doesn't bother to mention any more??

    Plus there is the minor detail that EVERY supplier of cobalt from the DRC mentions how 'clean' and 'responsible' their product is. Basically no real advantage in this anymore, just another cost.
    BTW where is the money to pay for this?? No mention of that in any company announcement, nor your commentary.

    @The Avenger ......"wait for the Chinese offtake and funding” ........

    Everyone has been waiting for over a year, yet nothing. When prices were high and product scarce last year, there was no deal on this front, why expect one when prices are low and there is plenty of product in the market??

    Why do shareholders even need to wait for this?? Why isn't the company getting on with the other aspects of getting the operation up and running?? The last update mentioned nothing except ongoing 'discussions'.

    @The Avenger ........"timeline of plant upgrade". Shouldn't that have happened a year ago?? Why are shareholders still waiting?? Even the METS report mentioned a detailed budget was needed for this, yet in no update since has the company the company bothered to mention doing this, why?

    BTW, just for your information, those of us not stuck in this suspended company have been able to make hay while the sun shines in other companies that are going gangbusters, so no, we are not desperate to get in at all!!

    Battery minerals are taking a hammering while Iron ore, Gold, High Tech etc are flying, yet you are stuck in the area that is going down, yet keep posting this is good, why?? IMHO it is not good at all, the company should never have taken the path they did that led to long term suspension, and now getting any information out of the BOD seems ridiculously hard (which in itself should tell you all you need to know!!)

    IMHO you have done your investment in this one, and I feel extremely lucky to NOT be invested, as I almost bought last year during the Co boom!!!

    IMHO the BOD took what seemed a good idea last year, approached it in the wrong way and shareholders are paying the price for this error, by being stuck in a suspended stock, in a commodity that crashed in price.
 
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