MEM 0.00% 0.5¢ memphasys limited.

news of the auditor - selling?, page-4

  1. 867 Posts.
    BT,

    The "ongoing search for funds" has been ongoing for 3 years now, with not a single penny found. 3-6 months would sound optimistic.

    Why has it been so hard? Is it because the people we have doing the job are no good? Is it because the valuation is unrealistic? Is it because there is some fundamental flaw in the tech that we don't know about that makes it impossible or uneconomical (such as it uses too much electricity of water)?

    Whichever way you spin it, we've got the wrong people on the job. And the market keeps driving the price lower and lower. Maybe, just maybe, they'll step in tomorrow and buy it up. It won't take much to have it up at 10c. or 20c better.
 
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