I think all we can do for mow is sit and cross fingers that the company does actually survive this and can rebuild and go back into production.
My concern is that there may be insufficient capital to survive .
Also of note is how long has it taken them to get the plant actually operating?
Can anyone recall the announcement back in February that the plant was 98% complete?
Going by what we have been told thus far they have produced a sample batch for Yasuhara and only this month or so begun actually processing logs/stumps properly.
As you say. Investigations, recommendations, and remediation may well require long term thinking.
I believe they may have about $5M in the bank still from previous capital raise but with the track record and timelines required who knows whether this can last.
With well over 1Billion shares on issue the last thing we want is another capital raise.
I am very worried.
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