I agree Jukebox.
He has been stumbling his way throughout & should receive another strike at the next AGM.
There has been a considerable amount of oversight and ignorance from him in believing EPA would not assess ASN & offtakes could subsequently be secured "before Christmas 2020". However, EPA are also responsible for several delays.
At very least, a capital raising should have been taken at highs, instead of the board lining their own pockets. Communication has also been outrageous RE: EPA process with the most detailed recent update uploaded via their YouTube channel and not a company announcement.
The current placement is also suspicious as 1:13 could never have been fulfilled as others have mentioned above.
However, I still feel that at these price levels with fundamentals as above and share registry dilution limited - there's value to be had.
I will concede that I hadn't considered insolvency as a possible outcome, but this is definitely due to my bias as a shareholder...
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