TEK thorney technologies ltd

fleet of 19 vehicles will make big savings, page-4

  1. 1,406 Posts.
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    Orga,

    In principal I understand your concept.
    I truly hope for ARW shareholders outcome is positive.

    But. Please consider the following.

    • Currently we EXPORT Tallow and the price seems to have risen disproportionately to OIL.
    • Can Australia supply enough Tallow to run the ARW Plants?
    • When will the “Carbon Trading” Start?
    • The FMG deal was for 5 to 7.5 Mill litres P.A Announcement dated 26 Sept that’s 15% of the 44Mil Litres from Picton capacity.
    • ARW can produce 88Mil Litres P.A and looking at Appendix 4C they are currently producing/selling App 4.6 Mil P.A. or 5% of Capacity.
    • We will have Appendix 4C out on Friday but unless ARW sells the Picton land or increases its overdraft I suggest they run out of Money in June.
    • If they sell the land with a Cash Burn of $220K per month they only have enough money for about 4 Mths. (October)
    • Recently there have been no Marketing updates.
    • What is the Cost to transport (Truck) the Bio Diesel to the Pilbra?
    • The Rights issue is a One for One @ $0.01 Cent with an attached Option.
    • I truly hope the Rabbit in the hat is a monster etc.
    • What about the $7.1 Million Grant status.
    • Share price has gone from $0.06 to $0.029 to $0.014 in the last few weeks clearly the ARW announcements are not supporting the share price.

    Big Positive.
    ARW has two new Directors who have contributed many $$$ to ARW. They would be a lot smarter than me.

    Orga, Just reminding you of the things you already know. I truly hope it’s a “King Kong” size Rabbit.

    Please do your own research.
 
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