plant production and garnet pricing

It is believed that the plant fixing has finally started to kick some goals.
The plant was commissioned in August 2022 ,almost 3 years later it is still not running at name plate.

There is hope ...the professional repairs known as "plant upgrades" have been working and production is going well.

It is beyond me why the company,or any company for that matter,not updating all share holders with a basic statement to keep all shareholders fully informed, given the $30 plus extra million they have had to spend on "plant upgrades" is truly amazing and simply disrespectful to all share holders.

Again this is typical of the CEO who is paid circa $950k per year,had two major pay rises each of last 2 years,who since buying Australian Garnet taken the market cap from circa $260 million to now circa $17 million. .....go figure !!!

I have no idea but it would be interesting to know if the staff working hard have had pay rises?

No news is opportunity with clearly tax loss selling happening now ,mainly due to no communication from the company at all!!!

Good news ...unlike lithium or even iron ore ...industrial garnet demand is globally in very strong demand.
GMA mine in South Africa closed and they are believed to be having production problems and grade issues,India production very limited as their main rare earths are in their beach sand.

The garnet price is not only steady but has been increasing.A ton or commercial grade blasting garnet or water jet garnet sells at circa USD 450 per ton.

Australian Garnet will be .....the global garnet of commercial choice next few years.
At 0.06 of a cent ...this is madness and massive buying opportunity despite lack of communication.

Liquidity is so tight ,you are lucky to buy or sell even $20,000 dollars worth of stock with such poor daily turnover.

Risk is very much to the upside now