The issue is that meaningfully increased production requires expertise and then Capex. ie $.in order to get to break even.
Funds are not available as the recent placing and SPP have shown. Even the one before was sub scale.
What a CEO of a company with no operating assets does all day is beyond me. This has become a lifestyle company.
It needs a new owner with scale, expertise and capital.
The issue is that meaningfully increased production requires...
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Mkt cap ! $4.342M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
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Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 6127064 | 5 |
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