Where is the feasibility study from the independent expert third party for this project. 8% annual income and 10% per annum capital growth seems ludicrous.
Does anyone have a copy of the feaso, if so please refer the link.
Last time I looked at a recycle methanol/ethanol plant you would need a truck load of excrement and biodegradable to power anything other than a pilot project for demonstration purposes.
I am perplexed why Domacom's ASX 12 page " Wholesale Investor Presentation " was not price sensitive and yet the subsequent 2 page announcement to the ASX 5 days later was. Both contained the same information. It seems that the only thing that changed was an article in the AFR and 4 share trades in between the market bid/offer of $4000.oo to replicate a spike post announcements.
Who are the "wholesale investors" , when and where was this " Wholesale Presentation given. Were the retail investors deliberately not informed and were the "Wholesale Investors" given a discount to market. The terminology other than Buzz language makes no sense.
Does anyone have a handle on this. Would appreciate any input , following the last 2 posts by Ginvest and Racetherat concerning the longevity of DCL. Given the current cash burn rate, and the likelihood of their short term survival, other views would be great.
Cheers
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