What? No comments from the peanut gallery? On holiday? Or just given up?
tbf I enjoy the banter ... providing a more balanced view to the usual back slapping and upramping that goes on here.
interview all sounds too positive .... so here’s the negative....
1) nothing announced to market so it’s not a done deal and could be wishful thinking
2) pc treading dangerously close to breaching asx rule and nothing officially announced .... sounds like the glencore debacle all over again
3) wow that’s gonna be a lot of debt .... how are we gonna pay that back? do we have to start paying back immediately? Or once in production?
4) Australia in recession ... always said we are 10 years behind the rest of the world .... so here comes the gfc... not a good time to be investing in anything. ASX is the wrong market to be trading on
5) all that debt financing still does not negate the cap raisings we still have to do to pay boards exorbitant wages bill and to keep the lights on.
6) graphite prices are In the toilet .... will struggle to pay back financing if they don’t improve soon.... and if we wait for a better price the sp will continue to spiral down and we will continue to have cap raises to pay wages... catch 22
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