GW1 1.85% 5.3¢ greenwing resources ltd

Lamb93, thank you for your considerations, points 2 and 3 make...

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    Lamb93, thank you for your considerations, points 2 and 3 make sense. It is a sensible strategy if the opex doesn't meet current graphite prices.

    Only point 1 is nonsense:
    Madagascar's population is over 25 million and at its peak had less than 10 deaths/day due to COVID (WHO stats). For the past two months that has been near zero. Tirupati Graphite, also based in Madagascar and LSE listed, has been producing uninterruptedly.

    https://hotcopper.com.au/data/attachments/3493/3493259-e908bc6c8f38f38aa79b5516a958eaa9.jpg
    We investors should not allow management to hide behind the tragedy of this pandemic while collecting their fat-checks as if it is all business as usual.


 
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