RE:RE:Cash I agree that shareholder confidence has been rocked by this disaster. I continue to question the information given that the 1m tonne guidance for 2022 was repeated in the Plant 2 update of August 31st. Nine days later, in the 7th September update, Plant 2 was announced as effectively inoperable for 4-8 weeks. It also wipes out 3 months of sales.
If Verde's 2023 guidance can be maintained at 2m tonnes then one just has to remain patient. I had intensions to see how things develop at least until the 5m tonnes phase, but execution risk is now materially higher than it was. But at the end of the day this seems to just be about a road and so this should not be a huge issue medium term as things stand. We might however need delivery of better news flow before fresh buyers enter in a meaningful way. DYOR AIMOHO