So we've received the $300k R&D refund. Basically we MUST complete Proof of Concept test run with these funds (and any funds raised from the SPP). Management ought to be working for minimum wage until this is done!! If we don't produce test samples with this money, we're screwed.
As much as I'd like to participate in the SPP and contribute to APG to reach this milestone, I have got ZERO faith in management and been let down far to often to tip in another cent.
I notice this report has omitted all talk of the South African steel mill? Have they walked away now? Is there an update on the patent application that was lodged in November 2015?(or was it 2016?) Have Gaston's company Notsag (Gaston backwards) paid owed money to the company for shares issued previously? What is MT contributing to us and how much is he being paid?
APG Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held