I am hoping for some answers at the AGM
I keep wondering whether this is now backed by the Formosa Group in Taipei.
FGH is now run by the directors of Formosa Australia....I think Ray Mountford gets his orders from them.
They tipped in $1M last year. One would imagine that they have a plan.
So far they have agreements in place to supply the logs and stumps, agreements for offtake of Torrified Pellets and if memory serves me correctly even agreements to supply Terpenes.
This has all been done by our new management, not Ray.
I remain puzzled that we have not been notified of final lease of the new site and building of the processing plant.
This will either fail totally or be a long, long, long story to rebuild the plant and start actually selling stuff.
I am hoping for some answers at the AGMI keep wondering whether...
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