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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
Post by Soulinvestoron Apr 07, 2016 12:54pm
382 Views
Post# 24741442

What Glenn Kelly Must Do to Start Rebuilding Credibility

What Glenn Kelly Must Do to Start Rebuilding CredibilityTowards the end of the recent Conference Call Glenn Kelly in response to a disgruntled investor who expressed speptisism in the CEO's ability to complete the HPA plant , Kelly said that the onus was on him to rebuild his reputation. IMHO Glenn Kelly must,

(1) complete the financing with a minimum of dilution.

(2) Complete the commissioning and begin production as soon as possible and certainly within the latest timeline..

(3) It would be helpful if Orbite could finally put some numbers to the profits it would make per ton of HPA produced. Only Orbite knows the expense side of the equation.

(4) Announce the firings of those responsible for the latest fiasco.That is taking responsibility.

(5) Announce concrete steps taken that would greatly diminish this from happening again.
Bullboard Posts