Don't worry about small trades or bots. The issue is and has...

Don't worry about small trades or bots.
The issue is and has been since listing that there are no contracts and production has actually dropped since listing.
Now Alain said in his con call he had to drop production for safety and quality reasons, but the drop in production happened in the last quarter and he was not there at that time.

So they have spent shareholders money on new machinery and upgrades yet production has dropped and sales have stagnated.

I told you all before that these people running the show have so far failed and they used the excuse that they were only just listed, well a year down the track that cannot be used.

They have thrown the Placha boys under the bus and have a new jockey, who claims he will be more transparent and I have spoken to him, but hard questions are ignored.

Now his package is mainly based on sp rise to $1.20 so he will want to move the sp, and there is a timeframe on that, the potential is there but those running it so far have failed.

There was a recent report from a visit to CFO by Pamplona Corporate which says the aim is to get production from 9k cubic foot to 150k cubic foot, now if they can get production to 150k cubic foot that is $60 mill worth of CFOAM a year or 9 times that if it is PFAOM or in between as a combination.

That is a billion dollar company,
however they need to get cracking if Alains sp target is reached by the timeframe which from memory is 2019,

As I say I have spoken to Alain who has large aims and hopefully not held back by Chandler and the ones running it to this point.

I see the last notice was signed by Gary who signed it as director and not chairman.

This needs a progressive and aggressive person running the show.
Time will tell if Alain can meet his own targets.

Let's hope those who have so far failed have little to do with this.
When I say failed, production on 12th Dec was said to be 12k p.a. and now it is 9k p.a. and the target is 17 times that.

Remember the higher production/sales the lower the cost per unit and higher the margin.
we have wasted a year on those running the show, more than the Placha boys should have been thrown under the bus, as I have been saying best part of this year.

Let's see how the new bloke goes. and none of them should get any pats on the back, quite the opposite but for Alain who is a cleanskin atm but he needs to perform now and throw out the excuse book.