Ann: Annual Report to shareholders, page-2

Just has a read over the annual report and my first thoughts are what does this company actually do? It is totally reliant on a bunch of academics doing academic things at academic pace which has so far yielded $30 worth of zeolite.

This honestly IMO looks like a school project that somehow has a market cap of nearly $100 million, with two and tuppence in the bank -now that is frightening. How could you possibly value this company at this valuation in this market?

Absolute house of cards IMO, I would be happy for someone to explain this valuation to me ?

WW