The microcline has been the fly in the ointment and, a big disappointment, throughout this whole Sinclair project.
It was what was going to give PIO the very thick layer of cream on the top of our morning cereal.
It was to add millions of dollars to the bottom line at Sinclair but never eventuated.
Figures that I heard were in the $40 to $50 million range.
I don't know how much research was put into the market for the product at the feasibility stage for Sinclair but there was a big mistake made there somewhere.
I don't know if management are still trying to sell it but I suspect not.
Lockitt
PIO Price at posting:
1.1¢ Sentiment: None Disclosure: Not Held