Orbite Technologies Inc EORBF

RE:HPA Pricing and Value of Production

[driftwood57]

I guess the hope is that if they ever do get production up to 3 tonnes per day of 4N then it should follow that some of the production should be able to be ramped up to 5N or maybe even some 6N which will demand much higher prices.
At this stage that is a big "hope" and that is probably a lot of the reason that the financing is going to be hard to get and expensive.
With the past record of managements failures and loss of credibility it leaves this stock in a precarious position.
It is going to be a hard sell. I for one will not put another penny in to this stock if they continue to keep the old management in place simply because I no longer trust what they say.
The maniacal focus on HPA despite the soaring costs and the subsequent coverup has brought the company to this point.
Everything else has been bumped out of the focus. SGA has become an afterthought, RMR has also faded to the background even though I think it has the best prospects.
Maybe RB should go on Dragons Den and see what those folks have to say about continuing to sink money into HPA without a feasability study and definative engineering plan.
It might get ugly.