How many trips have directors made to russia and negotiated with rmoh about ropren sales and at the very last minute when shareholders are expecting confirmation of sales and revenue out comes the joker from the pack.The rmoh says you have to be producing 15 kgs of ropren per month.Is it plausible that the directors could be involved in such lengthy negotiatons and be unaware of such conditions? The annual report says approximately 15kgs per month and the company now says 12 kg.Someone does not appear to know their production rates.
They are broke that is why they are asking shareholders for a bailout.First it was 10 10 and 10 the share price kept falling and now it is 10 and 10 and the share price is still falling.
The market will value the company accordingly and so far Brabus has been correct with his contrarian views. Disregard them at your own expense.
SLA Price at posting:
18.5¢ Sentiment: None Disclosure: Held
