Yes, exactly. And the market believes the company can't deliver because it has never delivered.
Management have runs on the board when it comes to attracting public funding, that has to be accepted. But every operational aspect of the company has been disastrous. Who is going to believe this company will build a cutting edge processing facility in the United States when it can't dig and ship manganese ore in WA?
The communication has been equally disastrous. What is happening with the replacement of the optical ore sorter with the DMS? Why is that taking years?
I'm now seeing this through basically out of stubbornness. But there is no prospect that any serious money will come in unless the company shows some sign that it can, you know, conduct the business operation.
E25 Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
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