GREY:EORBF - Post by User
Comment by
Soulinvestoron Dec 15, 2014 9:19am
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Post# 23230367
RE:You're so vain
RE:You're so vainTinker bell For well over 100 years the Bayer process has been the standard for producing Alumina. Since its discovery many have tried to replace it because of the red mud toxic lakes it leaves behind. For the past few years Orbite has raised many millions of dollars claiming that they are ready to replace the Bayer technology and begin commercial production. Whenever they come close to the production target dates we learn about serious hiccups further delaying production. Orbite is running out of money and because of serious credibility issues they will find it even more difficult to raise the many more millions they will require. Even if they secure further funding our shares will likely be diluted like a teaspoon of sugar in a gallon of coffee. Instead of criticizing the posters on this board, how about sharing your views on how you see Orbite going forward dealing with breakdowns and cash issues.