Fully agree that there is going to be very little to report for the rest of 2016, especially as Rm2 don't go crazy with news. 2017 will be the real tester. If it's a product that the market want then we will finally be on our way....fingers crossed.
RM2 have had a go at producing pallets in Canada, both the original and the new gel coated pallets. Although massive mistakes and over estimates have been made In Canada I believe China will have no problem with production and will produce on time. This is their forte ! Lessons have been learnt and it would appear new financing is not a problem. This time next year :-)
I don't think we'll be able to see any positive developments till China is up and running and producing pallets. The earliest we will get news on this is early 2017 . So up and until then this is most probably dead money as any positive news flow until then is unlikely. We most probably have a floor in the share price now at 20p , but it is now binary what happens next - China comes online on time and pallets are produced as per their estimates , if that happens then we're back towards IPO… Read More
We have had quite a few missed deadlines in the past but if they manage to get it right this time then it would appear that we are back on track . The product is finally correct and 1.5 million pallets for next year appears realistic. Let's hope the timescales are roughly in line with the rns and the Chinese don't let us down. The sp has held well and Woodfords involvement is a massive bonus. Should the worst come to the worst he has very deep pockets :-)
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