He made an incredible deal in an environment where financing is nearly impossible with the mentioned parts:
almost no payment (194 Million USD from Alcoa, marginal payment to be made).
building the 1000t and 8000t plant in parallel
no property necessary
getting skilled engineers in an environment where know how is missing
additional plants involved in the 65/35 agreement
Support from the Australian government
Deal with the best possible partner in the HPA industry
There is only one thing missing the recognition of the shareholders. For me it is a riddle why.
But I am sure this will change soon. The facts will show how genius it was.
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Mkt cap ! $25.96M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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1 | 1793 | 0.070 |
1 | 116000 | 0.065 |
1 | 15500 | 0.063 |
2 | 172814 | 0.062 |
1 | 100000 | 0.061 |
Price($) | Vol. | No. |
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0.074 | 9415 | 1 |
0.075 | 52646 | 2 |
0.080 | 35000 | 2 |
0.085 | 29377 | 2 |
0.090 | 57800 | 2 |
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