"Fairly disappointed they haven't sold any on the spot market, realise they are tailoring it to customer specs but each week that passes is another $90,000 approx of lost sales (500/52*$12,500*75%)."
No lost sales, the product hasn't disappeared, just delayed sales and if it's in he interest of getting the best outcome what's the issue, we may even get a better price for the product not yet produced..
Posters impatience is not Managements job to deal with, getting the best long term outcome is....their are many patient investors around the world that will be happy to snap up shares sold by the impatient ....this is a long term project getting it right at the start can have large implications further down the track.
Judging from what the Company says they are adding components to the existing pilot plant to improve its performance,while at the same time have established that it can produce Hydroxide as well, those are the sorts of things that have long term impact and take time.
Cheers Whisky
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