Hi Abs, Londoner, Ben, others,
The problem seems to be that, for these micro caps, it is easier to do endless cap raisings than to actually become a producer.
How many times over the years have we been told that Geolsec will be up and running once all approvals are in place, we have offtake agreements with I've lost count of the number of customers, the money has been raised and then - nothing.
The money runs out and the cycle begins again, either with Phosphate, Gold, Magnesium, Nickel, Copper, Uranium, Rare Earths ...(I'm sure to have missed some - oh yes energy assets Ukraine/Russia).
Yes maybe this time - but history suggests otherwise (maybe Hell WILL freeze over and Ben will buy back in).
I truly wish that I could be more optimistic and I still hold (the shares aren't worth selling now anyway) but What a Disappointment this one has been!!!
Good luck to all.
DYOR.
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