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floating timeline for prime

  1. 867 Posts.
    From day 1 of this company, timeline "commitments" have been more fluid than the plasma that the company is supposed to be processing.

    For the factually challenged, I'll start at the most recent, today's presentation and run back in time.

    For the sceptical, I'll include only COMPANY DOCUMENTS as supporting evidence. All page references are to the pdf page numbers.

    DOCUMENT 1 - Today's document
    8th August 2013 NuSep Investor Presentation - SPP
    http://www.asx.com.au/asxpdf/20130808/pdf/42hkb5538jxn6t.pdf

    Table on page 19:

    Sales begin 2015/2016.

    DOCUMENT 2
    30th November 2012 Shareholder Update (from AGM)
    http://www.asx.com.au/asxpdf/20121130/pdf/42bmfzr4lgwgtp.pdf

    Table on page 18:

    Sales begin 2013 but get serious in 2015.

    DOCUMENT 3
    22nd June 2012 NuSep General Meeting presentation 2012
    http://www.asx.com.au/asxpdf/20120622/pdf/426znls5fnztd5.pdf

    Table on page 21:

    Sales begin 2012 but get serious in 2014.

    DOCUMENT 4
    29th November 2011 NuSep AGM presentation 2011
    http://www.asx.com.au/asxpdf/20111129/pdf/422x8sgh10m457.pdf

    On page 19:

    "Completion of Financing agreement due in December 2011"

    DOCUMENT 5
    17th August 2011 Shareholder Newsletter
    http://www.asx.com.au/asxpdf/20110817/pdf/420fn2b0227gg4.pdf

    On page 5:

    "First sales are budgeted to occur in the 2013 calendar year"

    DOCUMENT 6
    29th November 2010 NSP AGM Presentation
    http://www.asx.com.au/asxpdf/20101220/pdf/31vqht7jxtmbsf.pdf

    Table on page 11:

    Sales begin 2013 but step up quickly in 2014 and then full speed 2015.

    The management/board will certainly not like these backward looking facts being raised, particularly when you draw logical assertions as to their performance, so no doubt I'll be attacked for bringing them up. Just wait.

    All I am saying is "Go and look at the documents for yourself". Mostly the tables are the same, only the numbers have changed.

    Base your decision on facts rather than "reassurances".
 
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