This will be my last post on ARW.
Please all holders do your homework.
I agree 100% management and achievements.
The two new directors have just increased there holding and I would suggest be driving the board/Company and trying to Recoup/Secure there investment.
If I see some key management changes at ARW I might be back in but not before.
But I reintegrate.
• Sales 250K P Mth
• Cash burn 250K P. Mth.
• Ask for details/Update on the 7.1 Mil grant repayment
• Picton Land Sold or Per March 24 Announcement Settlement due 17 April. Settlement now May 7 (Per 4C). That’s a 3 week delay. Still not announced.
• The government have legislated to allow blending with no labelling but no announcement from ARW.
• FMG contract was signed Late Sept 08. Update Late April Market update 5 Mths. Not one updates in between.
• Shareholders are kept in the dark on marketing plans.
• Oil Majors are not mandated to use Biodiesal in S.A & W.A.
• CARBON CREDIT SYSTEM SHELVED.
• AMU (Founder) sold the last placement to Wasabi.
I really hope ARW succeeds but as a Shareholder since day one I am out.
Please Please Please do you homework. Monitor the 4C and watch the cash burn.
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