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Buzz Roman

232 Posts.

168

22/12/18

09:55

Post #: 36942907
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Originally posted by Henry Walton: ↑

Which companies appeared to be doing well then out of the blue folded like Christmas paper???

Can you be specific and name these companies? and show us how are they comparable to a company like burwill?

You to assume burwill are the end users of our product and they could some how fold.

This assumption shows your ignorance and lack of knowledge they are a commodity trader they take iron ore, copper, cobalt, lithium whatever and they buy it from producers and make deals to refine it inside china.

Jiangte the money behind this whole operation has invested a great deal in setting up a lithium supply chain, cost would be in the hundreds of millions, they need our lithium for their products.

Burwill is taking their slice in the form of a J/V with Jiangte, tell me how does a company with fixed profit margins fold like Christmas paper??

You talk a big game, but your clueless.....

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It's worth mentioning that Jiangte also have a large stake (83.7m shares of 6.42%) in A40 through their German subsidiary Weier Antriebe und Energietechnik GmbH (Weier). Check out the top 20 holdings.

A40 Price at posting: 25.5¢ Sentiment: Hold Disclosure: Held
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