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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 31, 2017 2:04pm
250 Views
Post# 26529626

RE:Pigs at the Trough

RE:Pigs at the TroughExcellent analysis Neo. The disconnect between all the fluffy NR's we had been receiving since Glenn Kelly was appointed CEO is astounding. From imminent start.

Orbite Technologies Inc. (OTC:EORBF) Q3 2015 Earnings Conference Call November 13, 2015 10:00 AM ET

"With regards to construction and commissioning of HPA facility, we continue to make good progress and are on track to meeting our goal to meeting our goal of starting commercial production in Q4."

 Do You remember the surprise 10 million dollar over run in expenses that CEO Glenn Kelly was BLINDSIDED WITH?

Hugo Joncas
Thursday 7, July 2016 Le Journal de Montreal


Commercial production of alumina was due to start in 2014, but many construction problems have pushed the opening several times. Orbite announced in March a new cost overrun of $ 10 million, for a total budget of $ 127 million. The management now thinks it is possible to start production in the autumn. (2016).

 At his first General Meeting as CEO, Glenn Kelly, said that he would be judged by his actions.

AS ORBITE BRIDGE IS TUMBLING DOWN, YEARS LATER, WITH NOTHING TO SHOW BUT SCREWED SHAREHOLDERS WHICH PIG IS STILL AT THE TROUGH?


Hugo Joncas

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