RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Company is failing. Who cares about iron ore? Ballsofire, I guess they had to promise 10 tonnes per day so that they could justify promising $15M per year profit. I would really like to see all the inputs in that spreadsheet. Some people on this board think that even 2.5 tonns per day for module 1 is conservative.
It is hard to say if the 2.5 tonns per day is a reasonable expectation because they have not achieved any production yet. At this point, I wish they had been more realistic about the timeline. Promising full production in July was obviously a pipe dream. It also shows a certain level of incompetence.
You are right that we should not have to speculate on any of this. The company should have given accurate guidance in the first place. The endless delays and excuses have made investors lose confidence.