I dont know if its just me but reading the "looking for a 3rd party who is already a producer" line doesnt really sit right. Uve got a manganese mine, u bought the you beaut patented peleton process to do it all, and now u want someone else that already produces it to work with you.... and there has been not 1 single update about the plant besides the same spin in the announcement about making samples for potential clients. Is the peleton process too expensive? Is it that the cost involved to build the full scale plant is too expensive? Is it that they have had no interest in these samples they claim to be making for potential customers. All ive said is speculation here cause i/ we know absolutely nothing as usual besides they are getting performance rights ( payrise ) and have spent millions more on the plant (more debt) without any info besides the plant is being modified in may, and lets face it the share price is standing still and looking like a stale bowl of piss.
RDG Price at posting:
3.0¢ Sentiment: None Disclosure: Held
