There were about 20-25 people,many of the usual mob, and the mood was, i'd say inquisitive. Probably less anxiousness re China, Vietnam etc due to the great spiel they did early on for Carbon Planet.
As we can see, it could well overide everything,if it takes off like many are dreaming it will.
Vietnam,from memory, should be going by end August. There was stuff up, due to another licenced mob breaking regulation or something, and the governing body put a halt on activity until issues were sorted.
Iknow that sounds very unproffessional the way i described that, but i'm trawling for snippets i know i heard, and leaving out the bits i might have imagined.
They were saying there's every chance, all going well, that Vietnam and the China deal/business could be sold in 3-4 years and the proceeds go to the original m2m holders.
Manfred was there, and tried to get some figures out of the board, as he wasn't too keen, like the rest of us i guess, with the latest slideshow with terms like "good profit potential".
I'd love to hear them prattle on with all sorts of figures but what's it all mean in this climate.
Manfred mentioned, with the more impressive market cap at around $115mill,you get the institutions and the like interested in buying in, whereas under $50 mill, it seems they dont entertain it,which was comforting to hear.
I wish he was on the board....would be kept in the know more often.
They seem very confident Carbon Planet will happen. If there are any issues to resolve in order for it to happen, they'll resolve them. Both sides are keen as mustard. You'll have to look that phrase up in your Aussie phrase book Drew..lol
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