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Ann: Offtake Agreement with Angola's Largest Food Aggregator, page-167

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    What I feel really unconfortable here is the fact that there were genuine concerns on delays from shareholders (made known in this forum a few months ago) based on the fact that news flow has been very slow and proof (photos?) of construction was not provided, and he responded to those by reassuring us more than once that the schedule was going according to plan. This guy's formula is to remain deadly quiet waiting for deadline to pass and announce new timeline until concerns from SHs come in and attempt to address them with new promises which are then broken again. Now the timeline on first production is trickily extended in an interview until early 2024, and that planting season starts October 2024. What does that mean? Are we looking to have first production starting near the end of June 2024, since that will still give us enough time before planting season starts? What does "early 2024" mean, precisely? Aren't we sick of hearing the word "early", "shortly", "coming weeks" already? Don't they all sound familiar already?

    We are still waiting for a guidance on GA PFS completion (not that I think is as important as funding) which he advised was coming in a few weeks a few months ago.

    The man has shown no seriousness shape or form with timelines (I am not saying that timelines are to be observed all the time, but rather the fact that SHs are informed well in advance without having to dig the whole internet and watch some random interviews or LinkedIn post to make a guess on timelines). You just gotta protect yourself by reading between the lines instead of painfully waiting until the next announcements. It's been very frustrating putting up with these. Blaming it on the market downturn or whatever one feels like, I know exactly why new investors aren't buying it (yet).
 
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