I would suggest long suffering current and future potential shareholders consider the following:
how is the money being spent? apart from the astronomical management pay.
throughput of the machines. does it really put through what they claim?
are the end products actually saleable so as to make a profit and if so, is the sale price enough to go remotely near cover operating costs?
can they even get access to enough feedstock of tyres to go near getting a viable business? given the bulk of tyre collection is already legitimately consumed by viable businesses.
PG1 Price at posting:
14.5¢ Sentiment: None Disclosure: Not Held