As much fun and craziness Tian was, we can all see that this...

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jimbosaul

164 Posts.

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11/03/22

19:53

Post #: 60147302
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Originally posted by Designated survivor: ↑

@Rocketsnail RAN has never used virgin plastic for its Australian operations. True to the mantra It has always used plastic pellets, made from recycled plastic, sourced in Australia.
Potentially therefore this is one point of huge upside for the Australian operation as the company has said that it is currently paying in excess of A$2.00 per kg for these pellets while if they can collect and process for themselves this number will be very materially lower. They said to me that proof of concept of the fencing/retaining wall product is what they wish to achieve before embarking on the next and logical stage of business development.
I seem to always defend this company from detractors which may cast me in the light of being somewhat myopic but I love the story, I love the focus of the management and I love the fact that the plan, as was laid out in the rights issue memorandum is coming together.
I do not subscribe to the Tian way of thinking but I was entertained by him and I do think that it is reasonable to believe that this company will make monthly profits this year.

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As much fun and craziness Tian was, we can all see that this company could possibly be $1.00 again. and that price from todays price is a huge lift. the issue is - can it survive to turnaround ! can it get traction. can it generate some significant sales. can it expand into MNC's successfully.

Tian never thought this co. could fail. it can & easily. but the potential for a 10 bagger or even a 100 bagger is there. especially at these prices or the price at next CR especially if below last CR price of 0.08c.

Last edited by jimbosaul: 11/03/22

RAN Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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