RE:RE:RE:RE:RE:RE:Company is failing. Who cares about iron ore? KevinOleary, investors "manufacture" the stock price, and investors have obviously lost confidence in management.
This is from an interview on June 19, 2023:
Greg Pendura: "We've built our first module which is about two-thirds it's a way through commissioning. It will be in full production by the end of June or first part of July. One module will be doing approximately two and a half tons per day of catalytic converters."
Notice anything wrong here? Way back in June, Greg was promising full production by early July. Here we are in November, and still no platinum.
They thought a boiler would fix the process, but after 3 months of waiting for a boiler and a gas line, there is still no progress.
Maybe this process did work in the lab, but it does not seem to be working in production. It goes to show if something sounds too good to be true, it probably is.