It's the cleverly crafted confidentality clause, apart from the obvious problem of endelessly delayed finance, that is turning many people away from this stock, imo.
All these new ideas and numbers, that are being written about are meaningless, because we don't have the basic information to start with. If the offtake is tied to a hidden spot price plus an unstated premium, then what is SynCon worth - there isn't a spot price for that, is there? Also 600,000 lbs of 30% or 40% (or whatever) tantalite is, presumably, a greater quantity than the equivalent in SynCon so the price would want to be higher, because GIP will be supplying less pounds per annum.
Everyone can see the capex and other nasties, but where is the countering revenue?
No this is a PR mess, and I can't see a way out of it.
Any suggestions how this can be overcome.?
confidentally speaking
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Mkt cap ! $8.054M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 347512 | 1 |
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