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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 ORTNEWBIEon Jul 01, 2015 11:31pm
172 Views
Post# 23885379

RE:RE:RE:what do we have?

RE:RE:RE:what do we have?Commeilfaut, I like your style, and I feel Nakate's pain. At the AGM Glenn Kelly tried to express his understanding of us long term investors who were badly burned. A great deal of time and effort was spent at the meeting trying to defend the compensation package that was voted on by shareholders. Obviously they were listening to the flack this generated and felt compelled to defend their position. Despite all the risks of things going wrong when they flick the switch at the start of production, I am hopeful that whatever glitches may occur then, are minor and easily repairable. Now that shareholders have voted Kelly and company a nice compensation package, they will be only able to collect if Orbite remains in business which will not happen if during commissioning there is a major problem causing another huge delay. Here's to the successful completion of our HPA plant.
Bullboard Posts