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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Last
5.1¢ |
Change
0.001(2.00%) |
Mkt cap ! $26.70M |
Open | High | Low | Value | Volume |
5.1¢ | 5.1¢ | 5.1¢ | $1.558K | 30.55K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 130200 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 11509 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 130200 | 0.050 |
1 | 12000 | 0.049 |
1 | 50000 | 0.041 |
1 | 368447 | 0.038 |
2 | 4054053 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 11509 | 1 |
0.077 | 9000 | 1 |
0.105 | 19230 | 1 |
0.140 | 27000 | 1 |
0.175 | 30000 | 1 |
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