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Ann: Update on Downstream Business Activities, page-16

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FiveCent

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14/02/24

11:35

Post #: 72399315
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Originally posted by ganginvestor: ↑

They haven't said "mid 2024", only that feedback is expected from a 'large customer' by March which might enable financing for Bunyu.

I don't think they've promised anything this year except when the DOE grant applications will be decided on in August. Which is good because PC shouldn't be making promises on something that is very difficult to achieve. That's pretty much my main criticism of him, I think he's done a pretty good job so far but he's just been too ambitious with his promises, hopefully he's learned his lesson.

I can see why you have no hope though FiveCent, would've been painful having to endure Trevor's disaster-class for all those years.

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But how does PC expect to get a $100M grant when he doesn't have financing yet, let alone barely staying afloat?

Btw, I recall PC saying (back when he eventually addressed the missed time frame in September last year) that more news on funding was due mid 2024. Can anyone recall?

VRC Price at posting: 0.5¢ Sentiment: None Disclosure: Held
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