What I see is a very very loose study, not a BFS, there is alot of uncertainty here and I would not at all be enticed with what has been presented, again many corrections and very poor announcements.
This again shows the lack of corporate ability of the management also inexperience to be able to efficiently deliver at this stage, the market has woken up to them and I for one would not be putting any money into this group...
Funds are low, there is a JV requirement also which must be met and I cannot forsee this being possible....
Alot of trouble on the horizon!!
ATQ Price at posting:
21.5¢ Sentiment: None Disclosure: Held