Despite what all the naysayers have been saying i see this as a positive announcement, sure it certainly should have been worded differently. But at the end of the day a major shareholder is happy to tip in half a million shows a degree of confidence in this company. We all appreciate how painful this has been but as 'nkat2007' has told us in a previous post the Chinese have had this market to themselves for a bloody long time and it is only now that Europe and the US have woken up!! So it will be catch up time for the next 3-5 years. They all know how important it is to be self sufficient with not only Graphite but all other battery components. But in saying that our previous MD and our current one to a certain degree have been less than honest to the shareholders in regard to funding and this has left us with a bad taste in our mouths. One would hope for a big announcement next month.
cheers to all LTH's
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