None of any of that holds true for PC telling the market that he would have funding by June last year. Then correcting it and saying September.
He is either a liar and just pushed a large piece of BS on everyone or he believed it and is just incompetent or not up to the task and could not complete what he undertook to do.. Very simple. No one forced him to set those timeframes or even commit to getting funding if it was impossible.
TM was so FOS that its embarrassing that you continue to defend him with sad stories about graphite pricing not exploding. Was it still expected to explode in Nov 2022 when he headed off for a 5 week European trip to finalise the funding ? You were on the front foot saying that he had it all done and everyone who didn't believe it just didn't know what was going on and that he was an amazing CEO. commercial in confidence.. just wait and see....... and.. NOTHING!
"Unfortunately what ever I say will be labelled as sticking up for management."
YES .Unfortunately for yourself you have been, and are seen to be the chief apologist for this company and its managements avalanche of failures. No matter what disaster or failure you come on and spruik it hard and try and put lipstick on this pig.
Not one thing they have spruiked,, TM or PC has ever come to fruition. Just pipe dreams at best and total BS and lies at worst.
They bought this project (from the chairman) so they must have had a plan for it. Just because the graphite price didn't go stratospheric isn't a valid excuse to why it hasn't been advanced in years and years, Why hasn't it been mothballed if its impossible to fund? why haven't they found something else?
WTF have they all been doing for 15 months? Putting a grant application together and taken some photo's of a factory site they have zero dollars for.
Absolute failure on every measure and shareholders can call them on it.
Can't even tell us the name of the secret , major, incredible client they have in the time frame that they themselves set!!!!
SNUFFLEUPAGUS BATTERIES LTD perhaps?????. Just a figment of PC's imagination.
Well money will be at crisis level soon so we will see what absolute desperate depths they have had to go to get some more money in for wages and fees. No matter how bad i'm sure you will be on straight away to spin us on how brilliant they all are and that we should be thankful for such a great management team since anything bad is obviously never their fault or responsibility.
VRC Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
(20min delay)
