meanwhile our management team threw out the clean coal product and pursued an activated carbon powder in a declining market with costs that exploded, and a product that only ever lost mega dollars those who were there from pre float days will say there were good reasons to drop the fuel idea , but you are just believing what you were told you need to talk to those who were at the coalface at the time the concept was sound , the process was proven , even if not developed by carbonxt it would have been easily integrated into another company the decision was the worst possible outcome for this company the next disaster was in not pursuing sales outside the US , notably in Japan
it was the opportunity that comes along but once a generation ......
why is it that a prickle farmer from the bush could see 3 years back that this plan was flawed, but management taking 3 mill home seemingly had no idea
a 77 percent decline in 2022 says it all
CG1 Price at posting:
7.2¢ Sentiment: None Disclosure: Not Held
