Like I predicted back then, there would be no response from the old management team.
For a moment in October last year it looked like someone knew what they were doing and the company was actually in business but then the same old rubbish it seems.
Despite the joint venture partner being propped up with more funds (proudly announced on 29 November 2017 as if it were a good thing instead of a bail out of a struggling jv), and claims on 13 December 2017 with IMO unbelievable hubris that the plant was in full production, it is clear that nothing has changed. Nor how could it with the same people back in control.
If you cannot do it in 10 years, you cannot do it.
PPY Price at posting:
1.8¢ Sentiment: Sell Disclosure: Not Held
