TAS 0.00% 0.5¢ tasman resources ltd

MB said "My EDE SP forecast has been carefully calculated and...

  1. 130 Posts.
    MB said
    "My EDE SP forecast has been carefully calculated and continually examined this year to ensure its accuracy and its achievability"
    Dare I suggest the accuracy of your assumptions are far more important than the accuracy of your calculations!
    Your assumed profit margin on sales is purely hypothetical - not based on anything disclosed by EDE.


    Seriously -we have a major communication failing at a time when speculation and hype is rampant.
    The Directors have disclosed no - I repeat no information on margin or production costs.
    You only assume there is a profit built into the announced/disclosed $25 a gallon SP of Edencrete.


    Given that the Directors are such substantial shareholders and have announced multi-million dollar plans for production expansion you would expect them to inform the market (and EDE/TAS shareholders) of the financial assumptions/framework.

    Given that the Chairman has been spruking these plans since the AGM November 2015 and has been in discussions with possible financiers, surely there is an issue of non-disclosure of material significance.

    Qu - when will our Chairman and the Board decide to inform the market of their financial plans/goals/assumptions in the rollout of EDE's production plans?

    As a shareholder I expect better disclosure, and hope some information/ clarification to be provided soon.

    GL to LT holders
 
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