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VML General Comments - Chat, page-8339

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JustinL582

546 Posts.

102

19/03/24

09:31

Post #: 72953700
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Originally posted by locnah: ↑

"destroyed the potential manufacturing capability" - I dont see how previous management wasnt the cause. SAS was $60M short of completion and LH were the only ones willing to put money behind the project despite the BS that the 'lynas team' had been feeding the market - they literally accomplished nothing other than lining their own pockets at the expense of SH's.

"get the guidance of original board" - hard pass. I'll take investment from LH and the worlds largest producer over the CAN gov or anyone else for that matter. Shenghe are THE world leaders not just in manufacturing this stuff but running rings around the likes of Lynas.

This sentiment makes zero sense to me. Its the equivalent of complaining about ditching 3 players that have been tanking your team whilst signing up Jordan, Pippen and Rodman (NBA reference). Shenghe dont have a controlling stake, they want whats in the ground for obvious reasons, LH want to make bank long term and the CAN gov are nothing but barn burners.

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Last 0.3¢		Change -0.001(16.7%)		Mkt cap ! $17.68M

Open	High	Low	Value	Volume
0.2¢	0.3¢	0.2¢	$439	186.9K

Buyers (Bids)

No.	Vol.	Price($)
103	112956566	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	33964235	52

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No.	Vol.	Price($)
103	112956566	0.002
28	111497531	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	33964235	52
0.004	11730640	34
0.005	10406106	21
0.006	6755468	11
0.007	1217296	3

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