GREY:ARGEF - Post by User
Comment by
knollon Mar 24, 2017 10:59pm
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Post# 26029601
RE:RE:RE:RE:New presentation is out
RE:RE:RE:RE:New presentation is out
Well this certainly changes things.90K is no test plant. Are they that confident this works they are willing to skip the test phase? Would it not be safer to stick with the 5K-ton test plant? Don't get me wrong - great news if they have the confidence but been with Argex a long time and last management made a similar move and stalled with the financing because they were unable to prove the tech. Not sure how this time it differs. Alnaimi is definitely has a much better more focused plan and yes spot on his timelines but not sure that will get them financed. Kudos if he does.
Of particular interest under management vision already anticipating a share buy back plan. They seem to have covered every angle on this..