RE:RE:Conference call I read the transcript and here is my summary
they Need another 75 million to complete the refinery, any existing payables for equipment will come out of the recent 21mil. No progress until the funding gets attained.
Trent and a few leaders taking pay cut, no number's provided. Some layoffs occurred.
Black mass recycling will be the focus until the refinery cash is sourced, but they need 8million to scale the process.
They've got good relationships with LG et all looking forward and contacts in place.
Like Werner has reminded us is, battery production in ontario won't get running until 2025.
I thought the questions asked scored 70%, none asked about the stockprice and any strategy to strengthen it.
So I'm personally faced with holding, selling or averaging down, I don't intend on accumulating shares long. I don't see the share price moving until the refinery cash is secured.
There was a bit about a second refinery in Quebec strategy (omg), but also a mature thought to scale in ontario.