I think it is pretty clear that the technology is not producing...

I think it is pretty clear that the technology is not producing veneer at anything like predicted rates. Does not seem remotely commercial?

I wonder if they ever solved the drying problems...no mention if this is the roadblock.

The by-product chipped fibre from the outer needs to go through the veneering first. This product seems at the stage of development that veneer was years back.

Interesting to see the directors have reduced their fees this year while Ramy is still drawing $300,000 pa. With cash running out this makes little sense.

Given the track record I can't see them getting out of this before the cash runs out.

Who is going to the AGM this year....might be the last one?