Ann: Quarterly Activities Report March 2023, page-52

The fact you want to keep comparing it to a company I followed years ago is amusing. You are obsessed with that company perhaps?

If you find this company appealing. Then buy. Its really quite simple 4hr. I was simply pointing out that the copmany, despite trimming all those loss making ventures, still burns cash at a rate of $10M pa. That includes the fact it generates revenues from selling dust, and from handouts.

If you find that appealing, go for it. IMO, they should chop the VSPC venture and do battery recycling only. If they did that, not only would they remove a loss making venture that they have done nothing with for 6 years, they could chop some overheads. They should focus on battery recycling only. Attempt to get the business to cash flow neutral, and then formulate a growth plan from there. That is what I would do.

The issue with that, is it would be a low-growth story. But hey, if that is what appeals to you, go for it.