RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Company is failing. Who cares about iron ore?
bailey2 wrote: Alf, Talking to management, the 2.5 tons was being conservative in their expectations for module one.
I think the big mistake and I agree with everyone that putting timelines and revenue figures on a conceptual model that has never been done before is fraught with disaster and certainly misrepresents the difficulty to bring a new commercial reality to market. Management is certainly guilty of misrepresenting this difficulty. I am in the camp that it will get done, and that in itself will open the locked doors for revenue figures, volume of feedstock per day, and profit margins. In all likelihood, the tweaks and changes ongoing to module one, will define what tonnage it can run at, in the end, whether it be 2 tons per day or more. The most important takeaway from any success of this first "pilot commercial plant" will be that every module built afterwards will most likely be up and running quicker, with less problems, and the possiblity of higher input volumes. Presently, the most accurate guidance is giving no guidance until module one is running with throughputs at maximum numbers whatever they end up being. Time to sit back and chillax and let this play out. Risk and reward is ingrained in every stock in the markets. Why should this be any different? Phone management , do not listen to talking heads, myself included, on anonymous public boards, and make your own decisions. Buy, or sell, or don't buy, The end of speculation will eventually come, one way or the other.....glta
You don't even have to call management with respect to greater than 2.5tpd capacity. If you watch all the interviews GP has done you see that it' was stated in one them that it is capable of more.
the most I ever take from a board is some laughs and maybe a thought or two to dig into, think about or verify. Your own DD is essential.