hey mate, don’t get me wrong. My reply is addressing the...

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Milsirhc

108 Posts.

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10/04/24

13:34

Post #: 73277024
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Originally posted by max1997: ↑

I don't agree with your premise that we are "pressuring the business". When the company floated the IPO documents claimed that 90% of the production was committed in off take agreements. This has not proven to be correct and many of us want to see the company do what was promoted in the float material.

The sales team (if there is one) has been asleep at the wheel. We keep hearing that we need to improve the quality of what is coming out of the plant as prospective clients are requesting a finer grade product. This is not what we were told when the company floated.

Why are they not selling what's coming out of the plant now? They should be focusing on selling what we are pumping out. Then cash will be coming in and we can then look attacking other markets.

As for multi generational, if we don't starting making some money, there will be no multi generations of current shareholders getting any benefit. Someone will come in an by this for cents on the dollar and make it work.

We need an update as to why the changes were made to the board, what benefits will be and a timeline.

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hey mate, don’t get me wrong. My reply is addressing the previous comment where he/she is asking when will Stanco pressure Wa Kaolin. My answer is Stanco won’t.

agreed with the rest of your points tho. I doubt you’ll get the answer here as it has been really quiet. Might be worth emailing or calling them up to find out more.

I’m with you. It has been 3 years now and we still not there with stage 1. I’m as disappointed as you are.

WAK Price at posting: 4.5¢ Sentiment: Hold Disclosure: Held
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