The quarterly report shows that absolutely nothing has been achieved during the quarter.
$400k revenue equates to one solitary shipment.
They've graded a bit of road.
They've done a lot of consulting.
Mitsubishi seems very hesitant to give these clowns $15mil, even though we keep being told it's been a done deal since Feb, only need the EP. Well, 2 1/2 months since the EP, and a big fat nothing has happened.
By the look of the time chart, they will be stuffing around for another year before any real activity happens, in the way of cash flow.
VERY disappointing. By the time they get some quantity shipping, the price of Tungsten will have done what gold did, and we still won't get our money back.
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