Your calculations are NOT based on company announcements and by all means stick to the fictional rhetoric...according to announcements the total cost outlay for “the plant” is
- 7.15aud for acquisition
+ 5.85m aud for plant refurb and commission ( read page 93 of METS)
The total is $13m aud
It’s been mentioned in numerous announcements about Airguide working on a $25m offtake agreement and in a recent one that Europe are looking for direct cobalt supply and interested parties are auto manufacturers...don’t know why I’m saying this to a non-holder ...but patience required...heart palpitations when this one announced as it completes the “cobalt real estate packaged deal”.
By all means shareholders are in their right to contact Mgmt...I have and am satisfied...don’t bite the hand that feeds you....that’s why you’re here...good luck getting any of the IPO raise
This suspension will continue to be an arduous journey for the onlookers...patience grasshopper as it will all unfold
WFE Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held