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Orbite Technologies Inc EORBF

Orbite Technologies Inc is a Canada-based mineral-processing and resource development company. The firm is organised into the following segments; Specialty Products, Waste Monetization and Commodity Minerals. It produces alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, rare earth oxides and rare metal oxides. The operation plant is based in Canada.


GREY:EORBF - Post by User

Bullboard Posts
Comment by antoninuson Jun 19, 2013 9:26am
235 Views
Post# 21541820

RE: RE: RE: Whats not to like?

RE: RE: RE: Whats not to like?

its taking longer because they got carried away with hpa and took their eye off the sga ball....the markets, the big boys, all were interested in 10 sga plants...hpa was supposed to be a lot smaller, simpler, less costly...just enough to prove ort was on the right path and then sga could move forward...but hpa took on this all consuming presence to the detriment of sga...so now we are playing catchup because hpa was in fact, mismanaged, miscommunicated, with zero allowance for teething issues, and overconfidence in startup revenues being on time....im confident it will get fixed but it has had a price already...of that there is no doubt...im just glad that the board took matters into its own hands already and sought out key new members, hired new management like the coo and vp coo, changed the reporting structure, changed the internal communications, fired all the outside marketing folks etc....the board has recognized the deficiencies and im quite convinced we now have a much tighter ship with a tighter focus and strategic plan.

Bullboard Posts