VYS 5.88% 32.0¢ vysarn limited

do we have anything of value?, page-4

  1. 3,740 Posts.
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    I hear you lucky, and I think the company would have gone belly up by now if not for Brazil and Phil Thick, but that was a while ago now and since then management have revealed that AL80 is not shifting and that the process might have to shut down if the site gets much more clogged up with AL80. The price of aluminium is also pretty low right now. If there's value in this company and if you think management would still be happy to convert those options under the current climate, why aren't they buying at these levels?

    We'll have to wait and see what the new filter achieves, I'm concerned that it'll just expose other bottlenecks in the plant, but happy to be surprised.

    Here's hoping that >1000t/week can be achieved and maintained from June onwards...
 
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