I lost interest reading through this. When Epanko appeared as first cab off the rank and Kwinana was hardly even mentioned I started laughing. We are however being 'approached' which is sooooo reassuring. I mean I've been approached by EV various manufacturers when shopping around car yards too. What does that even mean. This is one of the biggest rug pulls I've seen. I dont doubt that we raised with the intent of developing Kwinana BAM facility but it now seems that business plan was fatally flawed, it was delicate from the onset. Now we are left with a significant burn rate and cash in bank which is neither here nor there, it will not cover development of a BAM anywhere so raise we will...what an absolute fail.
EGR Price at posting:
34.5¢ Sentiment: None Disclosure: Held
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