CFO 0.00% 0.2¢ cfoam limited

market cap 8mil at 1.4 watch this space !, page-115

  1. 1,519 Posts.
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    Am really surprised that you are surprise that I asked a "genuine" question.

    The question I asked actually directed at 2 areas

    1) credibility of the board/management words
    2) the quality of the cfoam and types of cfoam we will be producing.

    Based on your response, commissioning of the kiln will not be completed until 2 years later if you check the announcement. They will only start market analyses in round month 24 period.

    back to a square one again, all the hype surrounding a new kiln is to cut cost and boost production and no mention of improving the quality and cut down defectives. We have had the same pitch back in 2018 when we purchased another kiln to cut cost and boost production.

    So my genuine question is how can you trust a management with empty promises?
 
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