TEK 4.17% 12.5¢ thorney technologies ltd

exciting times for arw, page-3

  1. 1,401 Posts.
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    This will be my last post on ARW.

    Please all holders do your homework.

    I agree 100% management and achievements.

    The two new directors have just increased there holding and I would suggest be driving the board/Company and trying to Recoup/Secure there investment.

    If I see some key management changes at ARW I might be back in but not before.

    But I reintegrate.
    • Sales 250K P Mth
    • Cash burn 250K P. Mth.
    • Ask for details/Update on the 7.1 Mil grant repayment
    • Picton Land Sold or Per March 24 Announcement Settlement due 17 April. Settlement now May 7 (Per 4C). That’s a 3 week delay. Still not announced.
    • The government have legislated to allow blending with no labelling but no announcement from ARW.
    • FMG contract was signed Late Sept 08. Update Late April Market update 5 Mths. Not one updates in between.
    • Shareholders are kept in the dark on marketing plans.
    • Oil Majors are not mandated to use Biodiesal in S.A & W.A.
    • CARBON CREDIT SYSTEM SHELVED.
    • AMU (Founder) sold the last placement to Wasabi.

    I really hope ARW succeeds but as a Shareholder since day one I am out.

    Please Please Please do you homework. Monitor the 4C and watch the cash burn.
 
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