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18/08/23
14:45
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Originally posted by Deme:
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I could list all of Crocker's mistakes, but don't have the time to write a dissertation length reply. A US$92.7m (A$144.4m) loss for the "half-yearly" ending 30 June 2023 is all you need to think about right now. I know a few investors here who refuse to look at the numbers - preferring the ostrich approach. Hoping things will just magically improve. How long can Jervois sustain negative cash flows from operating activities & remain a going concern? It's a legitimate question, but few holders wanna discuss it for some reason. I've been incredibly supportive of this business and management team across 4-5 years now. I've reached my limit, though - with the current boss. I'm not going to defend his s*#tshow any longer. Tick, tock, BC.
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Its a nightmare Deme, we are in big big trouble here. I can't see this surviving.