Ann: Notification of cessation of securities - KPO, page-15

First 15 Last

Share
Profile

Follow
beaches811

1,378 Posts.

245

03/06/22

08:56

Post #: 61794853
Share

Originally posted by chocbloc: ↑

You’d actually think the Alberta government would be bending over backwards to get Kalina sites built and arranging permits quicksmart yet here we are six months on from the last FNTP promise and they haven’t even got their permits sorted.

their offering is exactly what is required, so why does it stink? How did they get it wrong for so long given Ross always talks about Pristine Power and what they did there? How where they ready for FNTP - according to publicly posted interviews - last March when they had no permits arranged at all?

How do they miss timelines by nearly two years?

either incompetence or gross miscalculation. In the normal business world this would close a business down, but for a public listed company with one person as Chairman, CEO and MD that lacks any accountability on it goes.

don’t be surprised if we see another capital raising soon. They’ve lost all their opportunity for option conversion and the FNTP payback is likely six months off.

good thing we are paying so many directors and senior staff (remember Nigel And Peter heading up our booming Asia business?) to sit and wait for a permit to arrive.

Expand

Agree FNTP likely 6 months away. They should just exit the asian directors as that is the being wasteful, they should not enter China again given their level of management competence, they should simply leave it to others who do have the business acumen to do it.

SNAFU.

KPO Price at posting: 2.2¢ Sentiment: None Disclosure: Held
Upvote

2 Great analysis

Reply