Renascor needs to get its skates on. Time is running out according to its own timeline. I still believe this is a great company in the making but the BoD I think is seriously lacking in its commitment and foresight. According to the timeline posted earlier this year by the company, offtakes and JVs should be finalised by the end of Q4 this year. In other words, they have about 6-7 weeks left (taking into account the shutdown for Xmas/NY).
To me it’s the little details that show a larger picture of lack of attention to detail. For instance, take a look at the corporate presentation on their website. It still shows graphs detailing the rise of PSG and graphite prices. Only problem, it’s dated November 2021 and things have changed markedly since then.
One other thing, is that DC has not been out on the hustings with his last presentation being at Noosa in July last year.
As I’ve said, I’m a believer in this company and that it has much to offer but the leadership needs to show some of exactly that LEADERSHIP. I certainly won’t be voting for any renumeration packages for any of the board this year.
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