so the US equipment is not due until til 2H 2024. I guess that means we just accept a pitiful 4K/qtr revenue from here on in? Wasn't the plant meant to be doing 250kt a year not 16kt a year?
Seems like the biz has cocked up the 1st mover advantage here. The SP has fallen almost 50% from their last announcement where they acknowledged the poor performance. There are *literally* only 3 buyers for less than $5k worth of stock on the screen. You can spruik the corporate talk as much as you want, but effectively it's another cap raise at circa 75% discount to IPO before the new plant equip arrives. Is this acceptable?
In the next 6-12 months this market will be flooded with DSO Kaolin from WA/SA Into Chinese markets and I'm not sure if *our* company has the management expertise to manoeuvre this situation?
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so the US equipment is not due until til 2H 2024. I guess that...
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4.9¢ |
Change
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Mkt cap ! $22.44M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.9¢ | $4.552K | 92.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 109744 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.048 |
2 | 232391 | 0.046 |
2 | 275000 | 0.045 |
3 | 63605 | 0.044 |
2 | 45000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 109744 | 1 |
0.053 | 197696 | 2 |
0.071 | 11509 | 1 |
0.077 | 9000 | 1 |
0.100 | 27000 | 1 |
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