A40 0.00% 8.2¢ alliance mineral assets limited

Luan Boo, reread the reports again, indeed we should have more...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 210 Posts.
    lightbulb Created with Sketch. 75
    Luan Boo, reread the reports again, indeed we should have more cash than is reported. If Mark Turner can continue this great work since he started his appointment as COO, he deserves his renumeration.

    One very important thing I noticed is that the management does not "market the company extensively", which to me is a bad thing in this competitive world.

    For example, we know that from several calculations, that the plant has a current run rate of about 14% above nameplate capacity of (155ktpa), reaching above 180ktpa (actual production), yet the company does not put it out in the announcement. The company could have put out a statement saying plant is running above nameplate of 155ktpa. It means a lot instead of having investors trying to do calculations to get the production rate.

    The part on cash flow is also misleading. The company could have made it clearer that it was from Tawana only. Market probably panicked on need for CR.

    AIMO.
 
watchlist Created with Sketch. Add A40 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.