In principal I understand your concept. I truly hope for ARW shareholders outcome is positive.
But. Please consider the following.
• Currently we EXPORT Tallow and the price seems to have risen disproportionately to OIL. • Can Australia supply enough Tallow to run the ARW Plants? • When will the “Carbon Trading” Start? • The FMG deal was for 5 to 7.5 Mill litres P.A Announcement dated 26 Sept that’s 15% of the 44Mil Litres from Picton capacity. • ARW can produce 88Mil Litres P.A and looking at Appendix 4C they are currently producing/selling App 4.6 Mil P.A. or 5% of Capacity. • We will have Appendix 4C out on Friday but unless ARW sells the Picton land or increases its overdraft I suggest they run out of Money in June. • If they sell the land with a Cash Burn of $220K per month they only have enough money for about 4 Mths. (October) • Recently there have been no Marketing updates. • What is the Cost to transport (Truck) the Bio Diesel to the Pilbra? • The Rights issue is a One for One @ $0.01 Cent with an attached Option. • I truly hope the Rabbit in the hat is a monster etc. • What about the $7.1 Million Grant status. • Share price has gone from $0.06 to $0.029 to $0.014 in the last few weeks clearly the ARW announcements are not supporting the share price.
Big Positive. ARW has two new Directors who have contributed many $$$ to ARW. They would be a lot smarter than me.
Orga, Just reminding you of the things you already know. I truly hope it’s a “King Kong” size Rabbit.
Please do your own research.
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1.0¢ Sentiment: None Disclosure: Not Held
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