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11:59
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Originally posted by pangunaCu:
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Can't see how shareholders continue to think this is all rosy. Like dipping into the equity in your home until such time as you owe more than market value. There's nothing in the wind that spells solid revenue. Using old glossy photos of VSPC plant and equipment which, for sure would be dust covered if the pics were current. Yodelling from the roof about the joys of battery recycling when the tonnages don't say anything to get excited about. As others have noted, this is not a business of substance rather a play thing that AG as the main participant has walked away from nicely set up for a moonlight sail in the Carribean.
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Remember when John Meyer was here spruiking this company, telling us this would be a "cash earner" ? 3 Years on, and its still a massive cash burner
(20min delay)