Ann: Gigafactory Development Further Information, page-133

ZG is a total disaster.::: Bought to buy TM some extra time in the trough….

at the moment it’s swallowing $1 million a quarter in cash losses and technically we still owe $5.5 million aud on the purchase..::

I think at the moment we are trying to argue that the mine is worthless to get out of the second payment. So I love the wafflers trying to say it’s worth $30millon plus::: hahahaha

they HAVE to get a gold plated finance deal to raise the SP so that the CR next quarter can be at a reasonable level maybe 1 cent or 1.2 cents.

otherwise it’s lights out despite what the desperado pumpers keep trying to BS everyone.

PC we are waiting to see if we have wasted another 9months and another $10 million on management BS or wether something concrete is actually achieved.

we are all over the snow jobs and blizzards of hope. Proper finance facility in the next 30days or it’s another disastrous failure by management and we shouldn’t let the pumpers try and dress it up as anything else.

PC told a large shareholder group that he had this under control and begged for time to put his plans in place. So far he has achieved nothing significant and shareholder anger grows:

all I can say he better not have wasted our time and money fluffing around getting nowhere::::::

clock ticking