BuyTheRumor Yep completely agree there. foolish sales tactics as well. We'd still be at 50c if those 500,000 didn't come on each day.
Clearly it's someone from Foyson mining days that had a bunch of worthless mining stock and now is gettin out of the market at any price.
When Amsterdam goes online and starts pumping out 100,000 liters a day at US 30c per litre I assume it'll get a lot more attention and volume.
Following that I assume they will announce hard dates for new plants around the planet. Hopefully they now have the funds from Rabo to start a production line rather than this piecemeal Berkley Vale mechano set process.
After all each unit only does 50tpd and from previous announcements they'll need another 20 units asap. If they're smart they should partner with a worldwide engineering corporation to bring capacity up to demand.
Long way to go yet but if Amsterdam goes well, hang onto your hats I say!!
IGE Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
