This stock was spruiked with some very catchy announcements that ultimately seemed to fail the dollars in the bank test. Punters were hit with a million dollars a month announcement, followed by a multifold increase but really where is the cash... It all feels like spin now. You call it spin but aren't you just being loose with words. Take the Yunnan province lake. The Morgan Stanley presentation on Oct 24 2019 stated that 3000 tons would be applied by Dec 2019. In the 3rd Dec company ann. this figure is now for that one lake 3500 tons. So in little over 1 month and extra 500 tons has been applied which is equivilent to $1.5 mill in sales. Surely this is better than a million $ a month. Perhaps it is you that is deliberately misleading investors to suit your own agenda.
PET Price at posting:
75.0¢ Sentiment: None Disclosure: Held