@someone didn't like the absurdities being noted.
I'll just leave these nonsense claims here for future reference:
Good luck with your future investments,
As usual you're building a str@w m@n, but hey, let's look at your four points:
#1 The pilot plant never worked.
I never said it never did anything at all, but it clearly did not work as intended. It was named 500TPA for a reason (thanks to Rob for pulling up the old company announcements which detail some of what it was supposed to do). The company said it was planning to not only get the plant operating at a rate of around 500TPA to prove the concept, but was planning to ongoingly produce at that rate to produce revenue and supply customers while the new plant was being built. Those plans were made when the lithium price was around where it is now, but after declaring the pilot plant a success they shut it down even though lithium prices were at multiples of the price they made the plans at.
Your claim that it did what it was supposed to is completely insane and/or dishonest. We can objectively say it did not achieve what it was supposed to.
#2 There has been NO progress
I have never said this, you are playing your usual game of ***. However, I challenge you to specify any demonstrable progress they have made in the last 12 months. Not speculating about what may have happened behind the scenes or what they claim may happen or simply the fact that time has elapsed, but what actual demonstrable progress has been made. Has there been an increase in production rate? Has there been a deal made? Other than maybe working on some ponds (none of us doubts they'll be able to pump brine into evaporation ponds and get that step done), what actual tangible progress has been demonstrated in the last 12 months, in respect to permits, deals or plant performance?
#3 They've lied.
Well, hey, they have. They said an offtake deal was already done. We know that wasn't true, just as one of many examples we have discussed recently.
#4 Fixing the filtration circuit will take years longer
Again, I did not say this. I said if something has already taken several years beyond what they originally claimed and the whole time they've said it will be done imminently, and there has been no recent demonstrated progress, it is unrealistic to think it is *likely* that it (the entire system) will actually be completed imminently. To add context to this, literally years ago you ridiculed people who suggested the project would not be finished and in operation by the end of 2022 - it's now 2024 and it's still not in operation.
And while you want to ridicule my investment decisions, keep in mind that I was being ridiculed the week before last for selling at 17.5c and you're still carrying on like I made a mistake selling out recently at an average price of over 17c. Today it hit 12.5c. I do not regret selling. Literally everyone here would have sold at 17.5c less than two weeks ago if they had a crystal ball. It does not bother me to have the likes of you insult me.
